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Its 19 regional tobacco subsidiaries control 96% of the market and sell more cigarettes annually than the global output of Philip Morris International Inc., British American Tobacco PLC and the worlds next 11 largest tobacco companies combined, according to the market research firm Euromonitor International
China is bucking global smoking trends as cigarette sales surge in the country, powered by "the biggest tobacco company most people have never heard of." The China National Tobacco Corporation, commonly known as China Tobacco, has a near monopoly on China's tobacco product sales, which has seen the state-owned company grow into the largest cigarette producer in the world despite its relative obscurity abroad
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