The partially completed Soviet aircraft carrier Varyag was sold by the Ukraine to China a few years back, and it was thought that it would be converted to a casino.
Well Galrahn came across photos of the ship being moved across the Dalian shipyard in what appears to be a prelude toward bringing the hull up to operational standards.
My guess is that it will never see operational service, but that it will be used for training and development of an indigenous carrier capability.