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Wednesday, 05/15/2013 4:39:58 PM

Wednesday, May 15, 2013 4:39:58 PM

Post# of 6160
From the 10k: "Consistent with the growth of import volumes along with steady appreciation of the Chinese currency against U.S. dollar, we believe that the imports-related business in China will continue to emerge as a driving force in the Chinese freight forwarding industry in the coming decade. The industry is under pressure to make adjustments in operations and consolidate resources to cater to this gradual transformation in Chinese foreign trade. Our sales from the imports business accounted for approximately 9.9% and 5% of our total revenues in fiscal 2012 and 2011, respectively."
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