Year: 2022

STATES ADDICTED TO TOBACCO TAXES. "In 2013, states will collect $25.7 billion from tobacco taxes and legal settlements, but states will spend only 1.8% of the $25.7 billion on prevention and cessation programs." https://lnkd.in/dHzHrjf View in LinkedIn

GLOBAL TOBACCO REVENUES. "Revenues from global tobacco sales are estimated to be close to $500bn (£316bn), generating combined profits for the six largest firms of $35.1bn – more than $1,100 a second." https://lnkd.in/dMdqgzf View in LinkedIn

"THE CHINA NATIONAL TOBACCO CORPORATION is run by the government, and is by far the largest cigarette maker in the world. In 2013 it manufactured 2.5 trillion cigarettes. Its next largest competitor, Philip Morris International, produced 880 billion ... China National is larger than its next 5 competitors combined." https://lnkd.in/dPAGGKq View in LinkedIn

CHINESE GOVERNMENT TOBACCO INCOME. "China’s government is hooked on cigarette revenues. In 2012 the tobacco industry turned over 717 billion yuan in profits and taxes to government coffers, which made up 6% of official revenue. Not surprisingly, tobacco is as big in Beijing politics as petroleum and property." https://lnkd.in/dFgaGMv View in LinkedIn

CHINESE TOBACCO COMPANIES are so closely entwined with the government that regulation may be impossible. Similar cosy relations happened in the US, UK and Europe. https://lnkd.in/dFgaGMv View in LinkedIn

CHINESE TOBACCO REGULATION. "For all practical purposes, China National and its regulator are the same entity: They share headquarters in Beijing and have the exact same organizational structure, the similar website, and even the identical chief executive." https://lnkd.in/dPAGGKq View in LinkedIn

WORLD TOBACCO MARKET SHARES: China National Tobacco, 43.2%; other, 16.6%; Philip Morris International, 14.3%; British American Tobacco, 11.6%; Japan Tobacco, 9.4%; Imperial Tobacco, 4.9%. Ref: Bloomberg Business Week, December 15-21, 2914. Pages 50-53. View in LinkedIn

WORLD CIGARETTE RETAIL VOLUME 2013, by number of cigarettes: China, 2.5 trillion; Russia, 347 billion; USA, 285 billion. One third of all cigarettes are smoked in China. In: Bloomberg Business Week, December 15-21, 2914. Pages 50-53. View in LinkedIn

THE REAL POWER. "I thought the telecom and railway companies were rich and powerful. Now I've met tobacco."" "Bloomberg Business Week, December 15-21, 2914. Pages 50-53." " View in LinkedIn

UK TOBACCO TAX INCOME. "Consumer spending on tobacco products in 2012 amounted to an estimated £15.1 billion, around 85% of this on cigarettes. Tax revenue from tobacco in 2012/13 amounted to £12.3 billion – £9.7 billion in excise duty plus £2.6 billion in VAT." http://www.the-tma.org.uk/tma-publications-research/facts-figures/tax-revenue-from-tobacco/ View in LinkedIn