Chinese stimulus plan – defend and spend
Don’t burst the bubble…
VW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMINGDSV: TRUMP TARIFFS IMPACTHLAG: GREEN PUSHDHL: ECOMM TIESKNIN: PARTNERSHIP EXTENSIONMAERSK: DECARB PUSH
VW: STRIKINGPLD: FAIR VALUE RISKSTLA: CEO OUTDHL: BOLT-ON DEALMAERSK: NEW ORDERGXO: POLISH DEAL EXTENSIONDSV: TRIMMINGDSV: TRUMP TARIFFS IMPACTHLAG: GREEN PUSHDHL: ECOMM TIESKNIN: PARTNERSHIP EXTENSIONMAERSK: DECARB PUSH
Interesting account of the problems of distributing goods around the world’s second largest economy. Basically, it’s prohibitively expensive for many shippers, for a range of reasons – provincial taxes, corrupt officials and some of the highest road toils in the world. Players such as DHL, FedEx and UPS have either been shut out of China, or have voluntarily left – as TNT recently did. However, domestic transport operator Shunfeng Express, which has emulated its western counterpart, shows how success can be found in the world’s fastest growing express market.
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