China is expanding a network of more than 95 port facilities around the world and is working to establish a system of overseas military bases that analysts say will support Chinese President Xi Jinping's announced ambition for global dominance.
a third straight day. and they re down more than 71% for the year so far. now around the rest of the region, mining and metals companies help to lift australia s main benchmark there. and bhp billiton and rio tinto gained 2% by the close. also property stocks were the winner in hong kong after some positive earnings reports. and one of those came from this company, hutchison wampoa. shares of hong kong-based property and telephone company hutchison whampoa climbed 5% after the firm reported stellar full-year earnings. the company head and hong kong s richest man said its profits jumped 47% in 2010 far exceeding expectations. that was thanks in part to a strong turnaround in the 3g telecoms business. we turn to wall street where