China Targets FedEx in ‘Warning’ to U.S.
- China says trade war hasn’t ‘made America great again’
- FedEx pledges cooperation, says it values business in China
A bicyclist rides past a FedEx Corp. vehicle parked in the Midtown neighborhood of New York.
Photographer: John Taggart/Bloomberg
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China targeted FedEx Corp. in its escalating trade war with the U.S., giving a hint of the kind of foreign companies it may blacklist as “unreliable.”
As details of China’s criteria trickled out, the investigation into FedEx’s “wrongful delivery of packages” was framed by the state news agency as a warning by Beijing after the Trump administration imposed a ban on business with telecom giant Huawei Technologies Co.