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UPDATE 2-China says to "fully liberalise" domestic courier market, details unclear

2014-09-25 12:41:57| Air Courier - Topix.net

China said on Wednesday it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars. The State Council, or cabinet, said in a statement it had decided to "fully liberalise" the market for parcel delivery to promote fair competition between domestic and foreign firms.

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