April 12, 2006
Big Habits Die Hard
China has the world's biggest tobacco habit : 220 million cartons of cigarette are sold every day. The country's 300 million smokers are growning by 300,000-400,000 a year. That's good news for the Chinese government, which profits form the stateowned tobacco monopoly. Tobacco, China's largest industry, produces revenues close to 5 billion U.S. dollars a year. Growing sales in China help offset declining sales at home,. With profit a clear motive, it's obvious why little is done to discourge the habit.