DHL kicks off China priority strategy
DHL announced its China Priority strategy in Beijing, a move coming as the country, with a growth rate of 50-60% in 2004, has become the fastest-growing market among DHL’s global networks. Deutsche Post World Net (DPWN), parent company of DHL, will further elevate DHL’s capacity in China through heavier investments, revealed DPWN chairman Dr. Klaus Zumwinkel. Under the strategy, DHL-Sinotrans, its China joint venture, will inject up to USD 24 million in constructing the DHL-Sinotrans building as one of several big steps, bringing DHL’s total investment in the Greater China region to more than USD 900 million.
Read More
