The China National Tobacco Monopoly largely holds a monopoly over tobacco sales throughout China generating about seven to ten percent of government revenue. In terms of the global market, China Tobacco is the largest tobacco company manufacturing a total of 2.5 trillion cigarettes in 2013 compared to their closest rival Phillips Morris international who only… Continue reading The Government’s Tobacco Monopoly
Through the semester we have come to realize that China can no longer sustain on low skilled jobs. The economy needs to begin to move into a more complex industry in order to continue growing maintain a competitive edge. While we may not see headlines in the United States yet, private companies in China may… Continue reading Is China the new hub for Technology?