China’s State Tobacco Company is Massive at Home. Now it’s Ready to Take Over the World
22 June 2021 Alessia Cerantola and Andrei Ciurcanu. Source: OCCRP It’s the biggest cigarette company you’ve never heard of. While the China National Tobacco Corporation (CNTC) produces nearly half the world’s cigarettes, almost all of them have been consumed at home. Until recently. In 2015, state-owned CNTC jumped on China’s “Belt and Road” initiative, a …
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