Volkswagen Posts Record Sales
For the first time, Germany's Volkswagen has sold more than half a million vehicles in China during a six-month period, AFP reports. Sales jumped 23.6 per cent to 531,600 units in the first six months of this year. China sales are now only slightly lower than its sales in Germany, where Volkswagen sold 534,000 vehicles in the same period. Global sales also increased to a record high of 3.27 million.
Herbalife Receives More Licenses For Direct-Selling in China
Nutrition supplement specialist Herbalife has received five more
licenses for direct-selling in Beijing, Guangdong, Shandong, Zhejiang
and Huizhou, the company said in a statement. The California-based firm
has already gained the right to do business in Jiangsu province, and
has plans to open a store in Shanghai. Currently, Herbalife runs 91
stores in China.