Mar. 30, 2009 (China Knowledge) - Amway Corp, a U.S.-based direct sales giant, expects to realize double-digit growth in China despite the global economic slowdown, according to Amway president Doug DeVos, the Shanghai Daily reported.

DeVos said that the company plans to maintain a 10% business growth in China, the same level as in the company's markets in Latin America, India, Russia, Eastern Europe, Thailand and the Philippines.

It is a good time for Amway to invest more in China because some companies are hesitating to spend more money here or even chosing to leave this emerging market, added DeVos. The company will continue to invest in China and expand its manufacturing facilities in Guangzhou, Guangdong Province.

Last year, Amway poured around US$15 million into its manufacturing facilities in Guangzhou in Guangdong Province to begin manufacturing home filtration systems.

Currently, Amway China has more than 6,000 employees. Its sales revenue in China increased 27% to RMB 17.6 billion in 2008, accounting for a quarter of Amway's total sales revenue.