China plans to do mining and start living on an asteroid.
But before that China plans to find, catch and land on an asteroid. It has plans to catch first asteroid latest by 2020 and make it livable.
This was confirmed by Chinese chief commander of lunar exploration program Ye Pijian
China wants to build space station on the asteroid so that it can command over the world through satellites and check what is happening around the globe.
Ye also said to a Chinese state-run science and technology newspaper that the asteroids located near the Earth have “precious metals,” according to the South China Morning Post, and that the mining could offset the expensive cost of space exploration.