The chairman of Amway of the United States has recently attended the ceremony for the relocation of Amway(China)East China Region Headquarters held in Shanghai and also signed a letter of intent with Shanghai Zhangjiang High-Tech Park on the establishment of a R&D center in Shanghai.Amway(...
The foray into China, financed by the 1994 public offering of Amway Asia Pacific, ran into a pernicious obstacle in 1998, when the Chinese government banned direct selling because of concerns it would spawn illegal activity. Eventually, Amway was able to sidestep the prohibition by selling ...