FedEx is the latest parcel delivery giant to join rivals United Parcel Service (UPS) and DHL to tap the booming China market.
The new US$150mil regional hub in Guangzhou Baiyun airport will be FedEx's largest outside the United States, and will replace its present hub at Subic Bay, the Philippines where operations will cease once the hub at Guangzhou opens in December 2008. However, the areas from Manila to Cebu will be still be serviced by FedEx.
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