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WSJ: The U.S. Once Dominated the World’s Oceans. China’s Xi is Changing That

Summary by Ground News
In 1998, a shadowy entertainment company based in the gambling hub of Macau made an unusual purchase: an aircraft carrier. Called the Varyag, it was originally ordered for the Soviet Union, but was left to rust unfinished in a Ukrainian shipyard. Its Chinese buyers said they wanted to turn their $20 million acquisition into a floating casino.

4 Articles

Key takeaways While the United States emphasizes its ‘Golden Fleet’ to maintain its maritime superiority, China is aggressively expanding its underwater capabilities. Beijing is integrating a diverse mix of underwater drones, advanced submarine classes, and specialized launch systems to challenge American dominance. A good example of this is a missile-launching trimaran that recently during […]

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Wall Street Journal broke the news in New York, United States on Monday, November 2, 2026.
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