Philip Morris to manufacture Marlboro in China

摘要

Philip Morris is close to signing a deal with the Chinese government allowing Marlboro to be manufactured and sold in China, reports The Wall Street Journal. Details of the deal are still unclear, and the agreement could fall apart, reports the paper. A source close to the deal says the arrangement would allow Marlboro to be manufactured under a licensing agreement by two of China's largest state-run tobacco companies, Longyan Tobacco Factory in Fujian province and Baisha Group in Hunan province.