Responding to criticism on its recent test to destroy satellites in space, Beijing said that it was ready to work on an agreement to prevent an arms race in space. The U.S. had opposed an earlier proposal from Russia and China at the Conference on Disarmament in Geneva in June 2002 to ban weapons in space arguing that the 1967 Outer Space Treaty was sufficient to stop weapons in space. Washington and Moscow already have such capability and India has said that it would also set up an Aerospace Command. Objecting to China's test, Washington signed into law last October its right to host weapons in space and to oppose any treaty that will restrict this capability.
Many nations are worried about the debris that may be created such tests and destruction or interfere or endanger other satellites in space. China has not revealed how much debris has been generated to its test nor has it revealed how much collateral damage was caused by the test.
Even if such a treaty is worked out it may be along the lines of the Nuclear Non-Proliferation Treaty (NPT) where the ones who have the capability will be legitimized with no demands for their roll back. New Delhi most likely will reject such a discriminatory treaty.