You are here

Investors pour US$12b into China's logistics sector

Carlyle Group LP, Canada Pension Plan Investment Board, Warburg Pincus riding on nation's online shopping spree
Thursday, August 25, 2016 - 05:50
BT_20160825_KVECOMM25_2457232.jpg
China's logistics market reached one trillion yuan in 2015, led by an increase in so-called storage spending that includes warehousing, processing and packaging of goods.

Hong Kong

WHEN US private equity heavyweight Warburg Pincus started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.

But as Chinese consumers embarked on an online shopping spree,