By Dan Mitchell, MLM Blog Correspondent
From Briefing.com:
Herbalife receives approval for additional direct-selling licenses in China Co announces that China's Ministry of Commerce has granted five additional licenses for the company to conduct direct-selling business in the provinces of Fujian, Shan'Xi, Sichuan, Hubei, and Shanghai.
All licenses are effective immediately, except Shanghai, which will be activated after the company opens its service outlets. Additionally, the company's license for Beijing, which was granted in July 2008 with the same exception as noted above for Shanghai, is now active.
China is steam rolling into the 21st century as a global economic power. It is clear that MLM and direct selling will prosper greatly in China in the 21st century. It is only a matter of a short time before American distributors will be actively sponsoring downlines in China and vice-versa. MLM companies that lay a foundation at the beginning of the 21st century will reap major rewards.