EC approves DSV takeover of DB Schenker
DSV has cleared a major hurdle in its planned acquisition of DB Schenker after the ...
Shippers are set to gain an option of rail or air for the growing exports from Chengdu, the capital of Sichuan province, to Europe.
The Chinese city is expecting heavy investment in industry, which will result in a Rmb1trn ($156bn) industrial cluster by 2022.
Including investment in biomedicine, automotive and electronics, Chengdu has big plans for economic growth, while e-commerce revenues will reach Rmb2.2trn annually by the same year.
In December, the municipal government also laid down plans for China’s first “Unicorn Island”, to encourage a gathering of high-growth tech companies. ...
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