Here's an interesting story that highlights China's quiet take over of markets all over the world, especially in Africa.
China launches Nigerian satellite
China has successfully launched a communications satellite for Nigeria.
The official Xinhua news agency says it is the first time that a foreign buyer has purchased both a Chinese satellite and its launching service.
The Nigerian Communication Satellite NIGCOMSAT-1 is expected to offer broadcasting, phone and broadband internet services for Africa.
China beat 21 other bidders in 2004 for the $311m contract to launch the satellite, Xinhua says.
The satellite, lofted by a Long March 3-B rocket, is expected to reach its final position later this year and to remain in operation for 15 years.
The launch is being portrayed as part of a drive to enhance rural access to technology and the internet and boost Nigeria's and Africa's knowledge economy.
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