China’s home-made carrier set for second sea trial

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A view of the new aircraft carrier’s flight deck. Photo: Sina Military

 

October delivery rumored; People’s Daily claims no single step of further trials will be omitted

China’s first domestically built aircraft carrier will soon strut its stuff in a second sea trial in the Bohai and Yellow Seas, possibly as soon as this weekend according to Chinese state media, after dry-dock outfitting and adjustments to its hull and propulsion system have been completed. Continue reading

Chinese shipbuilding boss gave CIA aircraft carrier secrets, reports claim

Liaoning aircraft carrier China

 

One of China’s most senior shipbuilding executives, who has not been seen in public for nearly two weeks, has been charged with giving secrets about China’s aircraft carriers to the United States. Sun Bo, 57, is general manager of the China Shipbuilding Industry Corporation (CSIC), China’s largest state-owned maritime manufacturer, which leads nearly every major shipbuilding project of the Chinese navy. Most notably, Sun headed the decade-long retrofitting of the Liaoning, a Soviet-built aircraft carrier that was commissioned to the Chinese Navy’s Surface Force after the collapse of the Soviet Union. Continue reading

State-backed China Shipbuilding to raise $1.4 billion for naval buildup

(Reuters) – State-backed China Shipbuilding Industry (601989.SS) plans to raise up to $1.4 billion through a private share sale to buy assets used for building warships, the first time Beijing is tapping the capital market to fund its military expansion.

The move comes as China creates its own military-industrial complex, with the private sector seen taking a key role, as the country gains a new sense of military assertiveness and deals with a growing budget to develop modern equipment including aircraft carriers and drones. Continue reading