Express-Mail firms get unlikely ally in China
Officials from China’s foreign trade ministry have emerged as unlikely allies for international express-delivery companies such as DHL Worldwide Express Ltd. and FedEx Corp., which are seeking to bolster their presence in the country. China Post, which is run by the State Postal Bureau, has presented a set of proposals that will govern the operations of foreign and domestic express companies in the country. Foreign couriers in China have expressed strong opposition to the new regulations, resulting in the appointment of Vice-Premier Wu Bangguo as mediator between the two sides. The dispute is expected to be resolved peacefully through Mr. Bangguo’s efforts and lobbying from the government and industry.
