Cashmere king Erdos threads it away around the globe

Erdos Group has already made a major impact on the world stage and now it plans to expand its international operation from its Ordos headquarters.

The world's largest manufacturer of cashmere products has about 30 percent of the global market from its base in the Inner Mongolia autonomous region.

With more than 40,000 staff, the Chinese conglomerate is valued at about 70 billion yuan ($10.4 billion) with a sales revenue of more than 40 billion yuan annually.