Huawei recently called out FedEx for attempting to reroute some of its packages to the US. While FedEx claimed it was done in error, the development prompted Huawei to issue a statement that it would re-evaluate its cooperation with the US courier company. The Chinese company has now gone into an alliance with China’s state-owned logistics giant China Post, a move that may not be unconnected with the FedEx issue.
China Post released a statement via a WeChat post that it’s forming a new “comprehensive strategic partnership” with Chinese telecoms giant Huawei. The Chinese courier firm stated that the two parties have signed a cooperation agreement which will see them deepening cooperation in finance, technology innovation, logistics, and talent cultivation. The post also revealed that Huawei’s co-chairman Eric Xu and China Post chairman Liu Aili were at the agreement signing ceremony held Wednesday. The partnership will see both companies set up a new technology application lab and a joint innovation center. 
This is in no way related to courier services but the timing is obviously a show of unity and this makes it special. Just a few days back, China’s postal regulator hinted that it will launch an investigation into US delivery company FedEx.
UP NEXT: Global smartphone shipments could decline in 2019 because of US-China trade war: Canalys
(source)
Comments