According to Mr. Price, revenue from DHL's business in
China rose by between 50% and 60% last year, and China is
now the company's biggest market for shipments within Asia.
DHL is the third major logistics company to announce
plans in recent months to enlarge its foothold in Chinese
territory. UPS said in July that it will open a hub in
Shanghai, China's commercial capital. FedEx announced later
in July that it will build a hub in Guanzhou in China's
industrial Pearl River delta.
DHL predicts that Asia's economies will grow on average
at least 7% annually over the next decade, or at twice the
rate that it foresees for the rest of the world.
DHL is also seeing very high levels of growth in India
and double-digit annual increases in volumes to and from
Japan, Mr. Price said. The company estimates that Asia's
transportation market, now valued at about $700 million,
will balloon to $1.3 trillion over the next 10 years, and
the logistics and express delivery business will increase
even more quickly than transportation overall.
The information in this article is from a column by Bruce
Stanley of the Wall Street Journal
"The Chinese understand the outside world much better
than the outside world understands China." James
McGregor--Author, One Billion Customers
Please Note: In February of this year the Chinese
Ministry of Trade and Commerce enacted regulations that
require foreign owned franchisors to operate a minimum of
two pilot locations in China for a one year period before
franchising in China.