Also found an interesting site: Varyagworld.com ^
In November 1998, Cheng Zhen Shu, chairman of Chong Lot Travel Agency, has said that Varyag would become a multi-functional entertainment centre, with 600 room hotel, casino, discotheque, restaurants and night-clubs, and has called it Ocean Entertainment Centre.In May 2005, the Varyag was placed in dry dock and, in early August, it emerged painted in People's Liberation Army Navy gray.
At that time Macau's casino magnate Stanley Ho announced the construction of Oceanus, an $800 million entertainment complex in Macau, with 600 room hotel, casino, cinema, retail and apartments, scheduled to open in 2009.
It seems Stanley Ho lost the Varyag in transoceanic subterfuge and decided to have a new one.
Nowadays, presence and mystery of the Varyag is a cost-effective way that cause maximum intimidation against unsinkable aircraft carrier Taiwan.
It may be unsinkable, but the exact locations of military airfields and installations are known to the Chinese. Which means that any attack will be initiated with missile attacks on those locations. The advantage of the floating aircraft carrier is that it's hard to know exactly where it is
The big question: if an attack on Taiwan is initiated by tactical nukes (either missile or cruise missile) against their military installations, what is the probability that a Dem administration will launch a nuke strike against China? IMHO, very low, especially if facing an enemy with the ability to hit the West Coast (at minimum) with their own missiles