Chinese stimulus plan – defend and spend
Don’t burst the bubble…
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
The extraordinary rise of Chinese express company YTO Logistics is charted in this fascinating article. In the space of just 15 years, 49-year old chairman Yu Weijiao has transformed a small concern that employed 17 people into China’s largest delivery company by market share, employing 220,000 people across some 20,000 locations. It is now going international, with plans to establish operations in around 20 countries next year, as well as having ambitions in the air cargo business. Its first airplane flew in September and it hopes to have a cargo fleet of 50 aircraft by 2020, doubling to 100 by 2025. In other news, China’s aviation authority has approved the establishment of new cargo airline AVIC.
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