Israel/Palestine

King_David

(14,851 posts) Sat Jun 27, 2015, 02:26 PM Jun 2015

The Chinese aren't coming – get real, they’re here

“The Chinese are coming!” Thus investment funds, tycoons, and high-tech entrepreneurs have been proclaiming with delight as they sell businesses to Chinese firms for top dollar. But the fact is, the Chinese are already here, and from the looks of things, they’ll be staying for some time to come.

In just the last two months, Israel’s biggest food company, Tnuva, was formally turned over to the Chinese company Bright Food. Our fourth-largest insurer, Phoenix, is about to be acquired by China’s Fosun Group, and there are good odds that the No. 2 insurer, Clal Insurance, will end up in Chinese hands later this year, since three out of the seven bidders are Chinese or Hong Kong companies. And just last week, med-tech company Lumenis was bought by Hong Kong’s XIO Group.

In March, the Shanghai International Port Group won a tender to operate the city of Haifa's new port, when it has one, while China Harbor has been hired to build the new port in Ashdod. Last month, a joint venture between China Railway Group and Israel’s Solel Boneh won the contract to develop the first segment of Tel Aviv’s light rail.

Chinese investment in Israeli technology startups has tripled since 2012, to $302 million last year. In the first four months of 2015, the figure was already $117 million.

http://www.haaretz.com/blogs/david-s-harp/.premium-1.662745

10 replies

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Highlight:

The Chinese aren't coming – get real, they’re here (Original Post) King_David Jun 2015 OP

still Israel's foreign investments are down but if China and India can float Israel azurnoir Jun 2015 #1

Impressive. So Israeli has finally found a repressive regime that they can play foostsie with. R. Daneel Olivaw Jun 2015 #2

If people are judged by the company that they keep, guillaumeb Jun 2015 #3

All Western nations trade with China. So what's your point? shira Jun 2015 #6

No. Israel is an apartheid type state that violates International Law with impunity, guillaumeb Jun 2015 #8

How about the company WE keep leftynyc Jul 2015 #9

I think you know what my answer must be. eom. guillaumeb Jul 2015 #10

The whole does business with China, aranthus Jun 2015 #4

It's only bad when Israel does business with China. shira Jun 2015 #5

Yep. That's how it works with some people. aranthus Jun 2015 #7

azurnoir

(45,850 posts)

1. still Israel's foreign investments are down but if China and India can float Israel

Reply to King_David (Original post)

Sat Jun 27, 2015, 02:30 PM

Jun 2015

that's fine

R. Daneel Olivaw

(12,606 posts)

2. Impressive. So Israeli has finally found a repressive regime that they can play foostsie with.

Reply to King_David (Original post)

Sun Jun 28, 2015, 03:21 PM

Jun 2015

Perhaps they can exchange trade secrets on how to put down indigenous cultures.

But please, there's no need to respond to me. It is just my humble opinion.

guillaumeb

(42,641 posts)

3. If people are judged by the company that they keep,

Reply to King_David (Original post)

Sun Jun 28, 2015, 08:41 PM

Jun 2015

what does that say about
"the only Middle East democracy"?

China oppresses the Tibetans, Israel oppresses the Palestinians.

Too bad that South Africa is not still run by the Boers or Israel could have another friend.

shira

(30,109 posts)

6. All Western nations trade with China. So what's your point?

Reply to guillaumeb (Reply #3)

Tue Jun 30, 2015, 12:13 PM

Jun 2015

They trade with shit holes like S.Arabia & Iran too.

If Israel didn't trade with China, you'd probably condemn Israel as racist against the Chinese, am I right?