Perhaps did you read this information :
Beijing launches the world’s first quantum-communications satellite into orbit
State media said China sent the world’s first quantum-communications satellite into orbit from a launch center in Inner Mongolia about 1:40 a.m. Tuesday. Five years in the making, the project is being closely watched in global scientific and security circles.
The quantum program is the latest part of China’s multibillion-dollar strategy over the past two decades to draw even with or surpass the West in hard-sciences research.
main question : Is this project credible in regard of the state of the art as known in the universities?
Not important optional question : As for the d-wave solution, must we classify quantum computation and cryptonics as technologies which will be as such, shrouded in secrecy ?
You may answer that it is not the classical $q$-cryptography that is described in, for example, wikipedia. If so, what are the new principles?
edit : to answer to the relevant Zeldredge comment: sending a satellite is plausible, nobody doubts. But this implies to have an efficient technology, here, since at least 5 years. Following nearly all the informations on the subject, I don't see how a team got this technology 5 years ago in secret ! As today, a lot of engineers which spent a lot of time ( and money ), helped by great profs of great universities, didn't succeed to establish a valid protocol of communication ( as the theory we know states ). The alternate not polite question is , Is it not some kind of bluff ? or merely just a weak quantum application. By analogy with d-Wave which is not able to do today what we wait from a Quantum computer.