DHL's Ude Interview on China Labor Costs

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(Corrects guest's name and DHL unit in report originally published July 1) July 1 (Bloomberg) -- Hermann Ude, chief executive officer of Deutsche Post AG's DHL Global Forwarding and Freight unit, talks with Bloomberg's Susan Li about the company's business in China. Chinese Premier Wen Jiabao highlighted the government’s concerns that labor disputes over wages may spur social unrest when he called on companies last week to create "harmonious employment relations" by gradually raising incomes and ordered officials to handle "new issues" with skill. Ude, speaking from Shanghai, also discusses the outlook for the freight services industry and DHL's growth strategy. (Source: Bloomberg)

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