The spark for a new space race?

Check out this article about some unofficial photos regarding China's space plane. It's a long article, but it reveals a lot about what China is doing in space. It's a long article, but it's worth the read due to interesting facts that I never knew about the space program.

Could we be witnessing a new space race between the US and China? I wonder if this will change the positions of US presidential candidates such as Barak Obama who proposes to delay Constellation funding (shuttle replacement) for five years if elected.