Private firms denounce draft postal law
October 31, 2006 | BY
clpstaff &clp articles &Local and foreign express-delivery companies have criticized the latest draft of China's postal law, saying that it will create unfair competition, breach…
Local and foreign express-delivery companies have criticized the latest draft of China's postal law, saying that it will create unfair competition, breach trade agreements and lead to the closure of non-state businesses which employ hundreds of thousands of workers.
A provision in the draft will effectively give the state-owned China Post a monopoly on parcel deliveries weighing less than 150 grammes, accounting for more than 90% of the intra-city business of private delivery companies, reports the Financial Times.
Although the monopoly on small package deliveries will not immediately have a direct impact on international companies, other provisions favouring China Post
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