News Snapshot:
China National Tobacco Corporation (CNTC), one of the largest global tobacco companies with a 44% global market share, is rapidly expanding globally in a way that is alarming. Across continents, the Chinese tobacco industry has been reported as utilizing both legal and illegal methods of operation. China has been dedicatedly encouraging its state-owned companies to invest abroad and expand. As a result, the various Chinese state-owned companies now cover investments in about 132 countries and regions. According to the U.N, China is a significant source of global FDI outflows that rose from 2.7 billion dollars to 84 billion dollars. The...
