I've also heard a rumor that says that our bonehead MEM lawyers didn't see the part of the contract where the Chinese inserted language that specified that FDX turns over the entire facility and all capital improvements should they ever leave GZ. That means the "state of the art" sorting equipment, computers and software all go to the Chinese, along with the building.
Hmmmmm..... now let's take a look at what Chinese national airline also happens to be based in GZ and is standing up a cargo operation...... Can you spell "China Southern????"
It's unfortunate that the MEM lawyers and others there decided that the input from people living in Asia and/or flying to China on a regular basis were so ignorant on matters relating to contracts with China or Chinese entities. The input from those in the know was politely set aside by those with advanced law degrees from prestigious US schools.
It also seems that UPS was "Shanghaied" by the Chinese after they build their hub in Shanghai, and "Shenzhenied" when they set up the new one in Shenzhen.
It really is a shame that someone that graduates from Harvard, Yale, or any other law school would be so shamefully dedicated to ignoring the input from those that are in China on a very regular basis. Seems like they were just too busy looking at the Chinese fire drill than to actually pore over the contract and it's contents to protect their employer's interest. The fell, lock, stock and barrel for the typical Chinese bait and switch.
How does the Singapore "mini-hub" fit into the scheme?