From Yahoo Finance: 2025-04-01 16:43:00

As a trade war escalates, FedEx remains undeterred, planning to expand in China. President and CEO Raj Subramaniam expressed commitment to investing in China’s market during a roundtable with international executives hosted by Chinese President Xi Jinping. FedEx already operates over 100 branches and 100 ground stations in China.

The company recently broke ground on a new south China operations center in Guangzhou to supplement its Asia Pacific hub, improving capacity and efficiency in processing import and export shipments. FedEx aims to connect Asian customers to its North American and European networks, enhancing its footprint in the Chinese market.

FedEx also upgraded gateways in Shenzhen and Shanghai to increase sorting and freight handling capacity. The company opened new gateways in Xiamen and Qingdao, increasing international flight frequency. FedEx is enhancing capabilities in China to support e-commerce delivery, including launching a picture proof of delivery service for express residential deliveries.

FedEx CEO Subramaniam, also chair of the U.S.-China Business Council, expressed confidence in China’s long-term growth. Xi Jinping acknowledged issues faced by foreign investors in China and pledged to lower market access thresholds and strengthen service guarantees for international businesses. Xi criticized interference from geopolitical factors in foreign investment, a possible jab at President Trump.

Read more: FedEx CEO Hints at Big Plans for China as Xi Makes Foreign Investment Case