China Express Dispute to be Resolved on Wednesday

A regulatory dispute between international express delivery companies and China’s postal monopoly is expected to be resolved Wednesday, the Business Weekly reports, citing an unnamed source at the China International Freight Forwarders Association. Foreign and domestic express delivery companies have been negotiating with China Post over new regulations that require them to stop handling letters and packages weighing less than 500 grams, and register with the government body to continue their other businesses. Those rules are widely seen as an attempt to shield China Post’s own express delivery business, EMS, from competition by the likes of FedEx Corp. (FDX), United Parcel Service Inc. (UPS), DHL Corp. (X.DHL) and TPG N.V. (TP), which now operate in China through local partners.