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China, Casinos and the Ark Royal
The Diplomat ^ | August 4, 2011 | Harry Kazianis

Posted on 08/04/2011 6:17:34 AM PDT by sukhoi-30mki

China, Casinos and the Ark Royal

August 4, 2011 By Harry Kazianis

China has a history of buying old aircraft carriers as casinos, only to end up studying them. Is Britain's Ark Royal next?

For decades now, aircraft carriers have been the dominant symbols of military power and technological strength. Nations who develop them have the ability to strike their enemy from thousands of miles away, inflicting massive damage.

But these vessels also cost billions of dollars to develop and several billions more in maintenance and upgrade costs over their lifecycle. Recent reports over the curious decommissioning and sale of the Cold War era British aircraft carrier HMS Ark Royal underscore this reality.

In 2010, Britain cut military spending by 8 percent, and its older, but still capable, carriers fell to the austerity axe. In today’s era of belt tightening and economic turmoil, British carrier cuts are just one example of the savings that European nations are trying to make. But there’s another bit of symbolism here – the Ark Royal is rumoured to have been the target of a bid from a jailed Chinese businessman, who wishes to turn the former flagship of the British Navy into a floating casino.

It seems hugely symbolic – a reflection of China’s economic rise, and Britain’s gradual fall from the top table of international diplomacy. But haven’t we heard the casino tale before?

Chinese purchases of old carriers for study, under the guise that they’ll be turned into casinos or amusement parks, is nothing new. After all, China’s desire to deploy aircraft carriers in the near

(Excerpt) Read more at the-diplomat.com ...


TOPICS: Foreign Affairs; Japan; News/Current Events; United Kingdom
KEYWORDS: aircraftcarrier; casino; china; navair; uk

1 posted on 08/04/2011 6:17:36 AM PDT by sukhoi-30mki
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To: magslinger

ping


2 posted on 08/04/2011 11:11:48 AM PDT by Vroomfondel
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To: magslinger; Vroomfondel; SC Swamp Fox; Fred Hayek; NY Attitude; P3_Acoustic; investigateworld; ...
SONOBUOY PING!

Click on pic for past Navair pings.

Post or FReepmail me if you wish to be enlisted in or discharged from the Navair Pinglist.
The only requirement for inclusion in the Navair Pinglist is an interest in Naval Aviation.
This is a medium to low volume pinglist.

3 posted on 08/07/2011 10:05:08 PM PDT by Vroomfondel
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To: sukhoi-30mki
That must be a NATO exercise photo from the good not-too-old days -- that's an American Perry-class FFG in company in the near foreground.
4 posted on 08/08/2011 2:42:45 AM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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