China Debuts Long March 12B Reusable Rocket

TL;DR. China's aerospace industry flew the Long March 12B, a new reusable rocket, amidst intense domestic competition in reusability technology. - The Long March 12B represents a state-backed entry into the race for China's first reusable orbital-class booster. - Several Chinese private and state-owned entities are vying to achieve reusable rocket landings this year. - Previous attempts by LandSpace and the Shanghai Academy of Spaceflight Technology failed in December.

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