China lifts ban on door-to-door sales
6 September 2005
On December 1st China will lift a seven-year ban on door-to-door sales following commitments made during its bid to join the WTO and will issue new regulations on sales market laws, state media reported. To carry out the sales, companies without retail stores must have fixed assets worth at least US$9.86 million and must also make a US$2.5 million deposit in a government-appointed bank account as a guarantee. Direct sales were banned in 1998 after widespread fraud and pyramid sales schemes received foreign press attention.
