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This is CBSI on the world.

I'm John Duttle with my colleague Gordon Chang watching the PLA Navy.

Thanks to James Fennell,

captain, United States Navy retired intelligence, now in Switzerland, watching the Navy build aircraft carriers, the PLA Navy. Jim, a very good day to you. There are three carriers now extant of different capabilities.

The story is, will there be more?

What are the three that now exist?

What is the need for a fourth, if that is accurate?

Good evening, two.

Good evening, John and Gordon.

There's three carriers.

The first one is called CV-16. It's the

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