US Firms' Confidence on China Falls to Fresh Low

The video discusses the impact of recent events on capital flows between the US and China. It highlights the weakening investment from American firms into China, partly due to the Shanghai lockdown and the resulting economic uncertainty. The confidence of American firms in future investments in China is at its lowest, affecting capital flows. The Chinese government aims to attract high-tech manufacturing investments to advance its industrial policy goals.

What does the Chinese Government desire in terms of capital flows and investment?

What are the implications of reduced capital flows from US firms for China's industrial policy?