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Been thinking about this quite a bit. The grey car driven by Button seemed to have reasonable ride height but the blue show car had very little space, i.e., chassis is super low to the ground.

Agreed. That's exactly my point.

Porsche sells 100,000 cars in China a year. Lotus sells what 300? If Lotus had wanted to sell even 10,000 Emiras they would have priced it 30% lower.

I suspect those ordering the base/manual model would wait another 2-3 years.

They are selling only 300-500 Emiras in China. China has 1.4 billion people. It's not how the general masses feel about the pricing. It's how the 300-500 people feel who happen to be rich and like this car a lot that matters. For everyone's general background, performance cars in China...