TPG, the Dutch post and logistics group, foresees a possible 10-fold growth in revenues in China by 2010 on the back of its dominant role in local auto transport and expanded business in parcel and mail delivery.

Peter Bakker, chief executive, said the China-based staff for TNT, its express transport unit, should expand as much as 10 times by the end of the decade and that revenues should grow at the same pace.