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China’s Beidou Competing with US GPS

Xinhua reported that competition for world market of the global position system will ultimately be between the U.S. GPS and China’s Beidou satellite navigation system. “While the U.S. Global Positioning System remains the most mature and the most profitable GPS, according to authoritative estimates, by 2020 China will have taken at least one third of the global market.” “Experts said it is inevitable that the competition for dominance in the global positioning system market will be fought between the U.S. and China.”
Xinhua suggests that “The future of Europe’s Galileo and Russia’s GLONASS is difficult to predict due to funding and political reasons.”

Source: Xinhua, July 14, 2010