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Kintetsu World Express Inc., the nation’s second-largest transport and delivery firm, said Monday it will set up a distribution unit in Dalian, northeastern China, on Oct. 1.

The firm, to be called Dalian Kintetsu Logistics Co., will be capitalized at $200,000 and owned 100 percent by Kintetsu Far East Development Co., a wholly owned Chinese unit of the Kintetsu World Express group.

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