By Mark Schaub, Atticus Zhao and David Hong King & Wood Mallesons’ Corporate & Securities group
China is the promised land for many international Network Marketing companies.
China has what Network Marketing companies thrive on: consumers – 1.4 billion of them; a fast-growing middle class of over 300 million – interested in upmarket goods but also open to opportunities; and finally, an exploding market appetite for Network Marketing-friendly products – dietary supplements, cosmetics and homeware are all experiencing double digit growth rates.
Continue Reading A Castle Built on Sand: Challenges and Opportunities for Network Marketing in China