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Great wall of loopholes keeps China’s last gasp at bay

http://www.smh.com.au/world/great-wall-of-loopholes-keeps-chinas-last-gasp-a
t-bay-20110629-1gr2i.html

Last year, China’s tobacco industry generated $A89 billion in revenue and
contributed $A74 billion in taxes, almost 7 per cent of total tax revenue.
The number of cigarettes it produces still grows, up 40 per cent in a decade

Read more:
http://www.smh.com.au/world/great-wall-of-loopholes-keeps-chinas-last-gasp-a
t-bay-20110629-1gr2i.html#ixzz1Qg8toxee

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