- In its latest effort to curtail smoking, the Chinese government proposes a ban on using its money to buy cigarettes as gifts or to be provided at official functions. The rule also seeks a ban cigarette advertising and smoking in public places like schools, train stations and hospitals. Miscreants would pay fines up to $32.
- China is the world's largest tobacco market. A ban on smoking in certain public places is already in effect but is largely ignored.
- (NYSE:MO) (NYSEMKT:BTI) (NYSE:LO) (NYSE:PM)
Beijing says no government money for cigs
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