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Bottom Line: Dont just look at the purchase price

The average for all 4-year institutions in PIP was just 28%

The final production costs of tobacco products depend on expenses needed for tobacco farming and manufacturing, packaging, and distribution processes

China is bucking global smoking trends as cigarette sales surge in the country, powered by "the biggest tobacco company most people have never heard of." The China National Tobacco Corporation, commonly known as China Tobacco, has a near monopoly on China's tobacco product sales, which has seen the state-owned company grow into the largest cigarette producer in the world despite its relative obscurity abroad