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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (4162)1/13/2005 2:41:11 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
[Should have done this long time ago!]--China bans new tobacco factories
About 60% of Chinese men smoke
The world's biggest tobacco consumer, China, has said it will not allow any new tobacco factories to be built.

China already has more than enough cigarette-making capacity, according to a spokesman for the tobacco industry regulator quoted in China Daily.

The ban threatens to reignite tensions between the regulator and British American Tobacco, which plans to become China's first foreign cigarette maker.

A spokeswoman for Bat declined to comment on the report.
news.bbc.co.uk