China's state tobacco monopoly, which supplies the world's largest cigarette market and one in every three smokers on Earth, is engulfed in an anti-corruption sweep that has also snared regulators responsible for overseeing it.
Nearly 20 senior executives and officials from the government-controlled China National Tobacco, commonly known as China Tobacco, and regulator the State Tobacco Monopoly Administration have been caught up in the anti-graft investigation since 2021.
