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Fred Smith, iconic founder and president of FedEx Corp, boldly spoke out about China’s protectionist policies in the month he was due to visit the country to negotiate for more freedom to operate there.
In a keynote speech to delegates at the World Cargo Symposium in Los Angeles, he blamed governments around the world for weakening global trade and called on them to stop using protectionist measures.
FedEx has been trying to grow in the Chinese market for some time, but has ...
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steven ingels
March 17, 2014 at 4:31 pmThe term protectionism in certain economies is just a synonym for invisible commerce and trade layers based on that government’s governing structure.