MLM Company Herbalife Plans $100 million China factory

Network marketing company Herbalife plans to invest $100 million to build a factory in China this year, although no final decision has been made as to the location, according to mainland media reports. The expansion is to help facilitate growing product distribution, with products expected to be sold in more than 40 stores by the end of year, China's National Business Daily reported. Herbalife applied for a direct-sales license to the Ministry of Commerce in February, the paper reported.