Framegrab from a Cosmoleap animation detailing its rocket and launch and recovery tower plans. Credit: Cosmoleap

HELSINKI — Chinese launch firm Cosmoleap has secured more than 100 million yuan for the development of its Yueqian reusable rocket and a recovery system inspired by SpaceX.

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Andrew Jones covers China's space industry for SpaceNews. Andrew has previously lived in China and reported from major space conferences there. Based in Helsinki, Finland, he has written for National Geographic, New Scientist, Smithsonian Magazine, Sky...