We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Monopoly money

4 February 2019 By Christopher Beddor

The overseas arm of China Tobacco will list in Hong Kong. Sales abroad are growing. But most of its revenue comes from importing leaves for its parent, a monopoly in a country where 300 million people light up. That’s a lot of risky exposure to dated anti-smoking policies.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)