China has emerged as the dominant force in the global vaping market, and at the heart of this phenomenon lie its sprawling smoking device production plants. These operations – many concentrated in regions like Shenzhen and Guangdong – churn out an astounding quantity

The arena of innovation is rapidly shifting. Ideas that were once groundbreaking can disappear suddenly, leaving behind a residue of ambition gone unrealized. This phenomenon, which we call exterminated innovation, is driven by a dynamic interplay of factors, including fluctuating market demands,