China Targets FedEx in ‘Warning’ to U.S. - Bloomberg

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China Targets FedEx in ‘Warning’ to U.S.  Bloomberg

China targeted FedEx Corp. in its escalating trade war with the U.S., giving a hint of which foreign companies it may blacklist as “unreliable.” With Chinese officials due to announce their position on trade talks with the U.S. on Sunday, the investigation into FedEx’s “wrongful delivery of packages” was framed as a warning by Beijing after the Trump administration imposed a ban on business with telecom giant Huawei Technologies Co. The latest salvo signals there’s no detente in sight in the struggle between the world’s two biggest economies at a time when trade talks have broken down. Chin...

https://www.bloomberg.com/news/articles/2019-06-01/china-launches-investigation-into-fedex-xinhua

2019-06-01 14:11:14Z
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