Business Intelligence on Retailing, Franchising, and Consumerism in China

Amway Envisions China Losses

Amway will probably see a lower sales revenue in China this year as it is still restructuring its sales network to comply with new regulations on direct selling.

China Daily reports that Amway's senior company officials said the firm still had to make some slight changes to keep in line with the rules which took effect in December last year.

Those rules say direct selling must adopt a single-level billing system instead of the previous team-billing scheme.

Amway operates in more than 80 countries and territories, selling a range of items including nutritional supplements, cosmetics and cleaning products.

Direct selling was banned in China in 1998 as many people found it hard to differentiate between it and pyramid schemes. But the government was committed to re-introducing a form of direct selling after it joined the World Trade Organization in 2001.

Be the first to comment on "Amway Envisions China Losses"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco