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.”
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linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022