Majority of China’s express mail/logistics industry run by foreign logistics companies
How much? Try 80%:
According to a research report the vast majority — 80% or more — of China’s overseas express mail services are provided by four foreign logistics giants. These are FedEx and UPS of the United States, DHL which is based in Germany and ex-Australian but now Dutch TNT.
How can domestic companies compete? Well, certainly not by competing in the free market, improving services and operations. No, no, what we need is some strong government regulations:
Worth noting is that the report suggested the Chinese government regulate the logistics industry to prevent the formation of monopolies and protect the interests of small and medium-sized firms.
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