September 28, 2017 / 12:47 PM / a year ago

China regulator approves UPS, SF Holding joint venture

DETROIT, Sept 28 (Reuters) - United Parcel Service Inc and Chinese express delivery company SF Holding said on Thursday they have received approval from Chinese regulators for an international package delivery services joint venture. Under the joint venture, the two companies will initially provide package delivery services from China to the United States, which will be expanded to other countries in the future. (Reporting By Nick Carey; Editing by Chizu Nomiyama)

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