China Bans Firm from Selling Land on the Moon – AFP

From AFP:

…The company, Lunar Embassy to China, had sold a total of 49 acres (20 hectares) to 34 customers before authorities acted, Xinhua news agency said…

In 2005 the company had its business licence revoked and was fined 50,000 yuan (6,450 dollars) by commerce authorities. It sued but the court ruled against the firm…

China is planning to launch its first lunar probe this year and hopes to have the ability to land a man on the moon within 15 years. [Full Text]

(Photo of Lunar Embassy to China)

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