After the fall of the Soviet Union in the early 90's three of its most powerful aircraft carriers sat rotting in a Kiev dock. With disputes over ownership and no money or crew to maintain them, the ships were eventually stripped of their weapons systems and engines by the Ukraine and one was sold to a Hong Kong based company, ostensibly to become casinos off the coast of gambling-crazy Macau. As we now know the Varyag ended up in the Chinese port of Larian and spent 10 years being refitted as a fully functioning modern aircraft carrier, much to the consternation of its China Sea neighbours and of course the US. As the Varyag starts sea trials it's sister carriers have suffered a somewhat different fate.
Read the full article: China's other aircraft carrier is a hotel