China Brings E-Cigarettes under its Tobacco Monopoly Law: Will This Reshape the Global Industry?

The tobacco industry in China, which is home to more than 300 million cigarette smokers, is controlled by the largest tobacco company in the world – the China National Tobacco Corporation (CNTC). The CNTC’s dominant global market share is almost entirely the result of its monopoly of the domestic Chinese tobacco industry. When fulfilling its... Continue Reading