A new cold war is unfolding above Planet Earth. Will there be battles in space? Here's everything you need to know: What's the conflict about?China, Russia, and the U.S. are competing for military advantage in orbit. U.S. intelligence agencies warned in February that China and Russia are developing ballistic missiles and other weapons that could be used to reliably target American satellites "in the next few years." Both countries have already successfully tested space warfare technologies.