1.) Hong Kong money into China is counted by the Chinese government as FDI https://www.bloomberg.com/news/articles/2022-09-05/china-round-tripping-inflates-fore

1.) Hong Kong money into China is counted by the Chinese government as FDI https://www.bloomberg.com/news/articles/2022-09-05/china-round-tripping-inflates-foreign-direct-investment-data https://www.bloomberg.com/news/articles/2022-09-05/china-rou... 2.) A more thorough report shows that China's inbound FDI has been plummeting https://www.investmentmonitor.ai/insights/chinas-fdi-decline-foreign-companies-covid-geopolitics/ https://www.investmentmonitor.ai/insights/chinas-fdi-decline... China is seeing falling inbound FDI in all its major sectors, with financial services down 62% between 2019-2022 and electronics down 56%. Which would align with all of the major technology companies pulling out of China in 2022-2023