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Stock impact report

Tiny Djibouti aiming to be global military, shipping center [FOX News]

CHINA MERCH PRT HL UN/ADR (CMHHY) 
NASDAQ:AMEX Investor Relations: cmport.com.hk
Company Research Source: FOX News
DJIBOUTI –   Two fighter jets took off and roared over the Djibouti-Ambouli International Airport, a sprawling complex in this tiny African nation that is quickly becoming a strategic military and shipping outpost for the world. Not far away, a massive U.S. flag waved over transport planes parked in front of America's only permanent military base in Africa, Camp Lemonnier, home to about 4,000 personnel. Djibouti, an arid Horn of Africa nation with less than 1 million inhabitants, also has become a military outpost for China, France, Italy and Japan, with that nation's first overseas base since World War II. Other powers including Saudi Arabia have expressed interest in the key location across the Bab el-Mandeb strait from the Arabian Peninsula and on one of the world's busiest shipping corridors. On the chaotic streets of what has been called the Singapore of Africa, the jostling between the United States and China for influence is plainly seen. Before his fi Show less Read more
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