China is accelerating its space ambitions with private firms playing a bigger role. One of those companies is GalaxySpace, which is aiming to reduce satellite costs by 50%. Peter Huang, the satellite maker's General Manager for International Business Development, speaks to Bloomberg's Avril Hong at the Singapore Space Summit. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https: