Challenging US monopoly on global positioning systems (GPS), China is set to establish its own satellite navigation system by 2012, covering the Asia-Pacific region. China will become the third country, after US and Russia (it's system is under restoration), to have its own 'sat nav', a Chinese scientist has announced. Sun Jiadong, chief designer of the Beidou Navigation System, indicated China was ready to spend several billion dollars to put up a network of 30 new satellites in the sky. The local government was looking for markets to sell navigational services in order to finance the project, he said.
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