China Launches Investigation Into FedEx, Xinhua Reports - Bloomberg

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China Launches Investigation Into FedEx, Xinhua Reports Bloomberg

China is launching an investigation into FedEx Corp. for the wrongful delivery of packages, Xinhua reported. The U.S. express delivery company violated relevant laws and regulations of the industry in China by failing to send packages to correct addresses, the report said. That seriously harmed the legitimate rights and interests of its customers. The relevant authorities decided to initiate an investigation, the report said. Earlier this week, FedEx apologized for delivery errors on Huawei Technologies Co. packages following reports that parcels were returned to senders. Huawei had said it...