International Law

Amway to invest in China

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From China Daily about Amway's expansion:

American direct selling giant Amway Corporation plans to expand its business in China next year, company head Douglas L. Devos said in Guangzhou on Monday.

It will invest $15 million in the southern Guangdong Province, Amway's China headquarters, for the development of household products such as air and water purifiers, and kitchen appliances among others.

It's the eighth time Amway expanded production lines in Guangdong since opening a facility in the country back in 1992.

Amway's total investment in China is $220 million.

Amway produces products as opposed to business opportunities? Who knew?

Full post as published by Misleading Advertising Law on December 10, 2008 (boomark / email).