AMWAY CHINA FORMALLY APPLIES FOR DIRECT SELLING LICENSE

AsiaInfo Services, April, 2006

AsiaInfo Services 04-07-2006 Amway China Formally Applies for Direct Selling License BEIJING, Apr 07, 2006 (SinoCast via COMTEX) -- US-based Amway Corp., a world's leader in multilevel marketing, confirms that its subsidiary in China has formally applied to the Ministry of Commerce of China for a license of direct selling. Insiders at Amway China reveal that the company has over 7,000 outlets in near 2,000 counties and cities around China and the preparation for the direct selling has finished.

Gan Chee Eng, vice president of Amway China, previously released that the company just hoped to get the license before the end of November 2006. According to the requirements of MOC, Amway and other nine foreign companies that should transform their business model in...

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