China State Postal Bureau set to merge two businesses
The State Postal Bureau (China Post) is progressing with its scheme to merge its two sub-businesses, the express mail service (EMS) and China Post Logistics Co Ltd. “The merger is still in the preparatory stage, and we are considering how to restructure the businesses and the personnel involved,” a spokesman for China Post Logistics, who declined to be named, told China Daily yesterday. The planned merger was announced at the end of last year. The spokesman refused to comment on when the merger would be completed, but the Beijing Morning Post reported that substantial moves will be taken by the year’s end.
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