China’s tobacco monopoly swept up in corruption probes

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China’s tobacco monopoly swept up in corruption probes
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China’s state tobacco monopoly supplies the world’s largest cigarette market and one in every three smokers on Earth. Read more at straitstimes.com.

BEIJING - China’s state tobacco monopoly, which supplies the world’s largest cigarette market and one in every three smokers on Earth, is engulfed in an anti-corruption sweep that has also snared regulators responsible for overseeing it.

Nearly 20 senior executives and officials from the government-controlled China National Tobacco Corporation and the State Tobacco Monopoly Administration , the regulator, have been caught up in the anti-graft investigation since 2021.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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