The Chinese marketing company Acorn International Inc. and U.S.-based Guthy-Renker have entered into an exclusive agreement for Acorn to market Sheer Cover cosmetics in China.

China Botanic Development Holdings Limited a packaged food manufacturer, distributer and retailer, has acquired the entire equity interest in Guangdong Kangli Pharmaceutical Company Limited through Shenzhen Conseco Seabuckthorn Biotechnology Company Limited, its wholly-owned subsidiary, for an aggregate consideration of CNY23,600,000.

Herbalife announced the promotion of Jerry Li to general manager of the company's China operations.