TITLE

Smokin'

AUTHOR(S)
Freedman, Michael
PUB. DATE
June 2007
SOURCE
Forbes Asia;6/18/2007, Vol. 3 Issue 11, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the significance of the Chinese tobacco industry to the growth of British American Tobacco (BAT). It was noted that the state monopoly, China Tobacco, chokes off supply by foreigners and that trade barrier causes much anguish at BAT because one-third of the nation's 1.3 billion people smoke, making it by far the world's largest tobacco market. Thus, BAT can now send only 1 billion sticks per year into China, a market of 1.8 trillion sticks.
ACCESSION #
25524666

 

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