China building first homegrown aircraft carrier

China already has a functioning carrier in the Varyag, the mid-sized, ski-jump clunker they bought from the Ukrainians.  Now comes news that they are building their first domestically-produced carrier.  The new ship will be the same size as the Varyag, but much more technically advanced.  Both ships will host Jiang-15 Flying Shark fighters, based on [...]