China’s State-Owned Tobacco Behemoth is Booming, Defying Global Trends and Anti-Smoking Efforts
November 15, 2024 by thewest.com.au
China’s State-Owned Tobacco Behemoth is Booming, Defying Global Trends and Anti-Smoking Efforts
China is bucking global smoking trends as cigarette sales surge in the country, powered by “the biggest tobacco company most people have never heard of”. The China National Tobacco Corporation, commonly known as China Tobacco, has a near monopoly on China’s tobacco product sales, which has seen the state-owned company grow into the largest cigarette producer in the world despite its relative obscurity abroad.
25.30% of the adult population are current smokers. There are approximately 295.5 million current smokers in China 47.80% of men are current smokers but only 2.10% of women.
SOURCE: GSTHR
