In the electric vehicle sector, absorption rate (percentage of manufacturing consumed domestically) between 2000-2003 hovered between 75-85%, and in the first seven months of the current year has risen to over 90%, despite output growing over 90%, demonstrating that Chinese manufacturing growth is primarily driven by domestic demand absorption rather than export dependency.
factualpending
Speaker
Warwick PowellEvidence Quote
“between 2000 2001 2002 2003 those four years the absorption rate domestically hovered between 75 and 85% [1:32:52]”
Source
China's Secret Strategy EXPOSED: Warwick Powell shares What You Didn't Know— The Jay Martin ShowCreated: 8/12/2026, 6:20:40 PM
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