|
|
Article: CHINA STATE POSTAL BUREAU SET TO MERGE TWO BUSINESSES.
- Article from:
- AsiaPulse News
- Article date:
- August 11, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BEIJING Aug. 11 Asia Pulse - The State Postal Bureau (China Post) is progressing with its scheme to merge its two sub-businesses, the express mail service (EMS) and China Post Logistics Co Ltd.
"The merger is still in the preparatory stage, and we are considering how to restructure the businesses and the personnel involved," a spokesman for China Post Logistics, who declined to be named, told China Daily yesterday.
The planned merger was announced at the end of last year.
The spokesman refused to comment on when the merger would be completed, but the Beijing Morning Post reported that substantial moves will be taken by the year's end.
...