FedEx bullish on business chances in China

“We are positive on China’s business environment, and we are fully confident in Shanghai’s economic development and investment outlook,” said Eddy Chan, senior vice-president of FedEx Express and president of FedEx China.

SHANGHAI: FedEx Express, a United States-based express delivery company, will continue to invest in China and expand its service network in the country to more second and third-tier cities in the coming years, said a senior executive.

Since many companies with operations in Shanghai accelerated production to deliver orders around the world in late May and June, the company’s pickup and delivery services in the metropolis had been fully restored early last month, supporting full recovery of production, economy, business and trade in Shanghai.