China will continue to innovate in the field. There are still manufacturers in Europe that will innovate as well. There is also nothing stopping US manufacturers from developing new products and either making them in the US for export, or subcontracting out manufacturing in China or some other country.
There is nothing stopping them, except the exclusion of their native market. That is a a significant obstacle. The US market is a rather important one.
California Smog Emmissions Standards drive Japanese motorcycle manufacturing. Why? Because they must sell in the US market to get maximum return on their R&D investment. They don't want to lose out on even a single state of the coveted US market.
Your subcontracting/manufacturing assertion is possible, but I submit that there are some real problems with doing that.
I like my ProVari v2.5. I paid a premium for it in 2013. I did so because I believed their QC process was exceptional. I would not value a ProVari manufactured in China the same way, not even close. It is probable that many others feel the same.
I don't count on a great deal of future US innovations. I hope I am wrong.
It is simply unreasonable to believe no regulation will or even should take place in the US.
I do not agree completely with this assertion, but I can accept it as your perspective. I would submit that the industry had already regulated itself to some degree. I suspect your view of the self-regulation was that it was inadequate.
I will not label either of these positions as unreasonable.
E cigs belong in their own category with regulations appropriate to the product(s).
Agreed.
What we got from the FDA was certainly egregious and arguably harmful to public health, and as such, some will be inclined to speculate why. It is natural to question motivations when these things happen. Perhaps there was no ill will and/or collusion, only carelessness/laziness.
Unfortunately when you step back and examine all the relationships involved, one should consider the possibility that it may have been cronyism...particularly when you consider that it would have been pretty simple to minimize these concerns and permit domestic innovation to thrive.