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With an Eye on the U.S., China-Israel Tech Ties Tighten

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With an Eye on the U.S., China-Israel Tech Ties Tighten

China now accounts for over 8% of Israeli exports, and an increasing number of Chinese companies are interested in investing in or acquiring Israeli companies

CTech | 10:18, 17.08.18
Over the past few years, commercial and diplomatic ties between Israel and China have tightened. China, not including Hong Kong, now accounts for over 8% of Israeli exports, and an increasing number of Chinese companies are interested in investing in or acquiring Israeli companies.

Israeli entrepreneurs have discovered the vast potential of the Chinese market, and more and more startups partner with local companies, join specialized startup accelerators in China and open local offices.

Rising tensions between China and Israel’s biggest ally, the U.S., may serve to throw a wrench in the relationship. Another potential problem is the ever-present criticism regarding the influence state-owned Chinese buyers may have on Israeli intellectual property and assets, especially concerning sensitive defense technologies.

Following are some of the most popular CTech stories highlighting Israeli-Chinese commercial relations and tech ties.

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Why Israel Stopped All Attempts by Chinese Companies to Buy Local Insurers. Israel’s departing head of capital markets regulation tells Calcalist she had no intention of letting any government affiliated buyer, Chinese or not, take over Israeli insurers. Read more

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For a Small Group of Israeli Entrepreneurs, China Spells Opportunity. Israeli entrepreneurs are beginning to feel the attraction of the world’s second-largest economy, where an affordable market and a bubbling entrepreneurial atmosphere make up for language barriers. Read more

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To Sleep or Not to Sleep (at Your Desk)—That Is the Question in China. Companies working out of China should adapt to the local work culture instead of trying to impose a foreign one, writes Israeli-born entrepreneur Ami Dror. Read more

Amir Gal-Or. Photo: Amit Sha Amir Gal-Or. Photo: Amit Sha'al Amir Gal-Or. Photo: Amit Sha

Public Data Doesn’t Capture Extent of Chinese-Israeli Deals, Says Investor. Having spent the past decade living and working in Hong Kong and Beijing, investor Amir Gal-Or is one of the early pioneers of the tightening business ties between China and Israel. Read more

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Following a Series of Fatal Work Accidents, China Blacklists Some Israeli Construction Sites. An Israeli lawmaker requested an urgent parliament discussion regarding China’s refusal to approve the allocation of Chinese workers for Jerusalem construction sites. Read more

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There Are No Winners in Trade Wars, Says Primavera Capital Founder Fred Hu. Planned tariffs for Chinese imports will hurt American consumers and American manufacturers dependent on parts from China, said Mr. Hu, who led Goldman Sachs to become one of the earliest investors in Chinese e-commerce behemoth Alibaba. Read more

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