Alice Han and James Kynge break down how China is rapidly closing the gap in the global space race, with record-breaking launches, ambitious moon missions, and technology that’s raising eyebrows in Washington.

Then, a massive $2 trillion generational wealth transfer is underway — but with no inheritance tax in place, what does that mean for inequality, government revenue, and the future of “common prosperity”?

And finally: from robotic arms in orbit to robots in the kitchen. As AI and automation spread across China’s economy — even into dim sum kitchens — regulators are stepping in. But is China actually setting the global standard for how AI should be governed?
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