HongyunHonghe Tobacco Group, in southwest China’s Yunnan Province, recently launched its cigarette-processing unit for Africa at the Walvis Bay port in Namibia. The project is intended to produce HongyunHonghe’s Yunyan, Honghe, Honghe and Honghe brands for sale in Africa. The annual production capacity of the unit could reach 1 billion cigarettes.
China remains the world’s biggest producer and consumer of tobacco products. Succeeding there requires an equally big commitment. TR Staff Report Despite growing health awareness and attempts to clamp down on smoking, the Chinese tobacco industry continues to thrive. Industry sales and government tax collections increased almost 17 percent in 2010, according to the State [...]