China regulator orders e-cigarette makers to halt new plants
- Country:
- China
China's State Tobacco Monopoly Administration issued a notice on Friday aimed at curbing price wars in the e-cigarette industry, directing manufacturers to address overcapacity by suspending investment projects and the building of new production plants.
"The capacity utilisation rate is at a high level," the notice said, while warning e-cigarette makers against trying to skirt the instruction by building new facilities ostensibly for the production of other products that are in fact manufacturing e-cigarettes.
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