A Chinese state-backed company plans to launch a satellite service to compete with Elon Musk’s Starlink in Brazil, in a challenge for the US as Beijing expands its influence in Latin America. The announcement from Spacesail, which is developing high-speed internet services through low Earth orbit satellites, came as Chinese President Xi Jinping visited Brazil this week, where he signed an upgraded partnership with his counterpart, Luiz Inácio Lula da Silva.
Tensions between Musk and Brazil’s leftwing government were inflamed again over the weekend, when Rosângela Lula da Silva, the president’s wife, insulted Musk at an event about social media regulation. Spacesail’s announcement, which comes amid US concerns about its waning influence in a region once considered Washington’s “backyard”, coincided with a whirlwind diplomatic tour through South America by the Chinese leader.
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Source: FT - 🏆 113. / 51 Read more »