Eugene David ...The One-Minute Pundit |
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Monday, March 24, 2008
ALTRIA (which is switching back to its old name of Philip Morris -- and offshoring to Switzerland, to "insulate itself" from lawyers, clever thinking) is about to introduce its leading cancer sticks in the future WORLD'S #1 ECONOMY, it sez here: [T]he real growth is to be found overseas. While Philip Morris International is already the biggest on the planet, incoming chief operating officer Calantzopoulos said it has barely cracked four of the world's largest markets: India, China, Vietnam and Bangladesh, which together account for an estimated 2.3 trillion cigarettes per year. [COUGH! COUGHHHHHH!!!!!] "These markets, which account for some 40% of total international cigarette consumption, represent clear opportunities for further growth in the mid to long-term," he said. [And population control besides!] It will take a while, he said, but the company has finalized plans to launch a licensed Marlboro in China this summer via a joint venture with the China National Tobacco Company. That entity contributes more than 10% of the Chinese government's income while representing some 20 million farmers and is a potent political force, Camilleri said. "China takes time. Going head-to-head with the CNTC isn't going to get you anywhere." So you mean the Chinese couldn't oppress their own people and stage the GAMES without ciggies? That's some deal!
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