China Slams A Door In Amway's Face
AMWAY'S RAPIDLY GROWING door-to-door business in China was dealt a blow on Apr. 21 when Beijing banned direct marketing. The move could also hurt Avon and Mary Kay. The decision, by China's State Council, will shut down the $178 million-a-year China business of Amway Asia Pacific except for products for distributors' personal use, until Amway can devise another plan. Still, says Amway Chairman Stephen Van Andel: "We have invested $100 million in China over the last five years and we continue to believe in the long-term business opportunities of this enormous market."
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