How China’s stricter regulations reshape, not replace, vaping in China
China’s vaping market used to be fast-growing and free-for-all. Now it’s a tightly controlled, state-run system. Retail sales peaked at RMB 19.7 billion (USD 2.9 billion) in 2021 and then shrank to USD 2.67 billion. Rather than suppressing the market, strict regulations just changed how brands compete. Today, there are two markets running side by […]
Tobacco Products in China: A Monopoly Worth Billions
Tobacco Products in China China is the world’s leader in tobacco production, with 3.2 million tons of tobacco leaf grown in 2014. The tobacco manufacturing industry in china comprises establishments that manufacture cigarettes, cigar and cigarettes filters. Tobacco Business The cigarette manufacturing industry in china has witnessed steady development over the past five years under […]