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(c) Characteristics of healthy relationships

When excise taxes are levied as a vehicle for internalizing externalities or as a proxy for use of resources, it makes sense to levy the tax by quantity

It is also the largest supplier of e-cigarettes, supplying 80 percent of the global market, the majority of which are produced in the southeastern city of Shenzhen

Officials there said they were acting to protect childrens health, but vaping executives and health experts note the ban came only after e-cigarettes began threatening sales of traditional cigarettes, which generate $200 billion annually for Chinas state-run tobacco monopoly

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