Month: June 2018

China’s new Tobacco Tax Law comes into effect 1 July with emphasis on reducing the detrimental effects of smoking on society

In past years, the Chinese government has taken several steps to curb the impact of smoking. China is home to more than 300 million smokers consuming more than one-third of the world’s cigarettes. What’s more, an estimated 740 million are exposed to second-and smoke. The detrimental impact of smoking on physical health and well-being, as…

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The Belt and Road Initiative moves into Latin America with China-LAC Santiago Declaration

During the first quarter of 2018, China announced the introduction its Belt and Road initiative in Latin America. This announcement serves to deepen economic and financial cooperation between China and countries where the United States has traditionally had a heavy influence. The declaration, known as the Santiago Declaration, calls for bolstering trade and taking action…

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