China ‘never paid businessman’ who bought aircraft carrier

AFP

<Original Source>

The Chinese businessman who bought an unfinished Soviet-era vessel that became his country’s first aircraft carrier was quoted Tuesday as saying that Beijing never repaid the $120 million it cost him.

Entrepreneur Xu Zengping paid Ukraine a $20 million fee for the Varyag, which was eventually commissioned into the People’s Liberation Army (PLA) Navy as the Liaoning.

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