Chinese law delivers shipping controversy
Private express shipping companies, including U.S.-based giants FedEx, UPS and DHL, are facing a May 6 deadline to turn over the bulk of their business in China to the government-run postal service.
Under the order, private services may not deliver any letters or packages under 1.1 pounds, may not charge prices below those of China Post and may not deliver to private homes or major government offices. The restrictions would apply to shipments within China and those to or from other countries.
Li Limou, a spokesman for a trade group representing the delivery companies, says the rules would wipe out 60% of the business private express shippers do in China.