DHL Express expects supply chain shifts to boost its SE Asia business, reposes faith in Hong Kong’s role as Asian logistics hub

DHL Express expects its business in the Asia-Pacific market to outperform other regions this year, driven by volume recovery in Southeast Asia, which is benefiting from inflow of supply chain businesses moving out of China amid geopolitical tensions.

These trends, which began in 2018 after then-president Donald Trump launched a trade war against China, have gathered pace with even Chinese firms moving supply chains out of the country to manage business risks.

“Asia-Pacific is probably the most promising region because we see quite a…