China is building its first aircraft carrier. They have a fleet of one currently and bought it used from Ukraine. Though generally these would be built with steel some analyst and hedge fund puppets may argue that China will attempt using sticks and mud which are found naturally in the country and the sticks have a fiber content the makes it favorable for ship building it is still more likely that they will use the worldwide preferred steel.
Actually, I suspect the Chinese will follow the program they used with VALE in building the supersized ore carriers--for which they were handsomely paid--and then refused them entry into their ports because they were too big! Let them build a carrier so big it can never return to port! Some casino will ultimately buy the ship--for pennies on the dollar--and create a floating casino, complete with airstrip! Cheers,
I think they already built first aircraft carriers. Actually they are working on the second & third one.
With problem with polution they looking for higher quality of ire ore which is VALE iron ore vs. any Austrarian.