Just Released: "Luxury Cigars in China"
Luxury cigars experienced slightly decelerating current value growth of 7% in 2013, compared with 8% in 2012. This was mainly due to the implementation of the anti-corruption policies promulgated in 2012. According to trade sources, growth had already slowed down from the beginning of 2013, as during the traditional peak sales period of Chinese New Year, sales were far from expectations. Meanwhile, luxury cigars were still not well-accepted by many local smokers, owing to their big size and...
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