Today China's space program does not constitute a global threat, nor
is it likely to become such a threat in the foreseeable future. The
PRC has a moderately strong space program that will improve as part of
China's overall economic development. Beijing is looking into
technologies that will increase the PRC's space capabilities as well
as put adversaries' use of space at risk. Some day, China may be able
to create major global problems for the US and others. However,
without global land, sea, or air capabilities, the military impact of
China's space programs is likely to be limited to defense of China's
homeland and support of regional activities undoubtedly pointed at
Taiwan, the Spratly Islands, Tibet, and other areas of similar
proximity and sensitivity to China. In a conflict, China also could
assist nations allied against the US by providing launch support, ASAT
activities, ISR data, and similar services.

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Thompson, David J. China in Space: Civillian and Military Developments. Maxwell AFB, AL: USAF Air University, August 2001. [ 4 quotes ] [ page 26 ]