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because
1. you don’t need to claim land to establish a colony, just build something there and say “this building is mine, and due to safety concerns there is a radius 50m around said building that belongs to me” which is completely allowed under the outer space treaty because you technically didn’t claim any land
The Artemis Accords is (i think) the only law that even talks about this and they say (i think) that a country can claim a 10m area around their habitats for safety. Only thing is China hasn’t signed the artemis accords and so isn’t subject to that number
2. the outer space treaty was never meant to be permanent space law, it’s considered to just be a placeholder until something more serious gets put in place, so i don’t expect it to hold any weight for much longer
3. even if people took the outer space treaty seriously there’s no way to enforce it, and a law without a way to make sure people follow it isn’t really a law
4. China has been known to take a… unique viewpoint on laws. They’ve literally built islands in the ocean and said “hey look since I own this island my border actually extends out to here, not the internationally recognized one” and i find it extremely likely they’ll do the exact same thing on the moon (“hey look, i built another storage facility here, my colony borders are actually here”)
5. The outer space treaty says nothing about private companies, so countries could just get companies to build stuff for them and then eventually take over (british east india company is a nice example of this from the past that i could see something similar happening with the moon)