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China's Red Hot Tobacco Stock Is Cooling WSJ China Has Pledged to Curb Its Smoking Habit, but Results Are Meager Caixin Global China is by far the world's largest cigarette consumer, accounting for nearly half of all cigarettes smoked globally. Estimates suggest around 2.4 trillion cigarettes are consumed there every year. Much of the China's Cigarette Market Shows Growth and Potential Tobacco Asia
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