CHINA TOPIX

China National Tobacco Corp. Makes More Cigarettes Than The Next Five Largest Tobacco Companies In The World Combined

Dan Weisman   |

Dec 13, 2014 10:58 PM EST

China has a major health crisis with 365 million smokers, but one state-run Chinese company doesn't mind that number at all. The China National Tobacco Corp. has a monopoly in the China market enabling it to produce more than one-third of the world's cigarettes including more than 40 percent of all tobacco sold worldwide.