Sunday 26 November 2017

Why Israel is the new promised land for Chinese investors | South China Morning Post

Get in on the action! Two of the most successful business cultures join hands: "Israel is the new promised land for Chinese investors".
China's total investment in Israel almost tripled last year to US$16 billion (HK$125 million), largely driven by a surge in funding in Israel's hi-tech industry, according to ZAG-S&W, a Tel Aviv-based law firm specialising in cross-border transactions. Meanwhile, the number of deals involving at least one Chinese investor in Israel's hi-tech sector also increased by 16 percent year-on-year, shown in data from Israel's IVC Research Centre.