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Saturday, July 12, 2014

China as Netanyahu’s New Friend

The Globalist

China as Netanyahu’s New Friend

China’s economic and strategic footprint in Israel is growing.
By , July 11, 2014

Takeaways

  • China has no moral qualms about investing in Israel. By doing so, its strategic presence has grown.
  • Netanyahu, attracted by China’s huge market and state-owned enterprises, has prioritized growing ties to Beijing.
  • China has gained unprecedented access to Israeli tech, innovation and business know-how.
  • Netanyahu publicly gave China relief from Israeli export licensing restrictions.
  • China has become a close second to the U.S. in the number of projects co-managed by Israel’s Chief Scientist Office.
  • China will soon replace Europe as the second-leading source of investment in Israel’s tech sector.
  • Involvement in Israel’s planned Red Sea-Mediterranean rail link would give China an alternative to the Suez Canal.

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