Chinese Courier Companies Face Fierce Competition Amid Intrusion Into Southeast Asia

Started by Epoch-Times-Bot, Nov 24, 2022, 12:00 PM

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Epoch-Times-Bot

Nov 24, 2022, 12:00 PM
Chinese Courier Companies Face Fierce Competition Amid Intrusion Into Southeast Asia

In the past two years, Chinese shipping and logistics companies have actively been expanding into overseas markets, with the most intense competition being into Southeast Asia.
YTO Express, a leading private courier in China, recently announced plans for further expansion abroad at the recent China International Import Expo (CIIE), an annual trade fair held in Shanghai. The event was held from Nov. 5 to 10 this year.
The company plans to increase its route density in order to cover major cities in Japan, South Korea, ASEAN, and South Asia, while expanding international logistics. In late April, YTO Express launched new routes to the Philippines. Shortly before that, the company established a branch in Vietnam....

Source: Chinese Courier Companies Face Fierce Competition Amid Intrusion Into Southeast Asia

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