China and the United States Tobacco Factory demise of founding the export of foreign cigarettes-.docVIP

 PAGE \* MERGEFORMAT 9 China and the United States Tobacco Factory demise of founding the export of foreign cigarettes? China and the United States Tobacco Co., Ltd. is the first joint venture. September 3 this year, is a joint venture is due in days, Japan Tobacco in advance of their shares transferred to the Xiamen Cigarette Factory. The other big coveted Chinese market, the tobacco giant British American Tobacco in July has also invested 800 million pounds sent out the signal that the building of a large cigarette factory in China, but claimed that to get into something, it quietly doing a joint venture Huaying cigarette companies from the back work. Including British American Tobacco smoke, including foreign companies investing in China are increasingly uncertain, because China is in accordance with their national conditions, showed no release of the hard-line stance. Foreign cigarettes can do is through China’s trade sector as much as possible to China’s exports of cigarettes, to penetrate this huge market. Xiamen Cigarette 150 million season-ending August 30 Huachang Road in Xiamen City, China and the United States cigarette factory, Xiamen Cigarette Factory held a grand ‘Golden Bridge’ opening ceremony production centers. This marks the 18-year-old China and the United States completed its historic mission. Zhang Yue, chairman of China and the United States last winter and said, based on market demand and the state monopoly on the understanding of the policy, as well as business strategy for their own adjustments, the second round of the joint venture difficult to achieve, a joint venture the parties agree to early transfer of equity method achieved by the joint venture into an exclusive, Xiamen Cigarette Factory’s ‘Golden Bridge’ production center a smooth transition. Xiamen Cigarette Factory’s official argument is that three Chinese and foreign shareholders in accordance with their respective development strategies and industrial policy, China’s