OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
SF Group, “China’s FedEx”, has big plans. In an interview with Reuters, the CEO reveals it will buy at least 10 aircraft next year, and is also planning international expansion into South-east Asia and Europe. It already delivers to the US and Japan, but plans to add the UK, France and Germany as well as Cambodia, Myanmar and Laos to its network. It is also eyeing developing one big central hub in China for its cargo. Definitely one to watch.
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