Public Data Doesn’t Capture Extent of Chinese-Israeli Deals, Businessman Says
(CTech) — Having spent the past decade living and working in Hong Kong and Beijing, businessman Amir Gal-Or is one of the early pioneers of the tightening business ties between China and Israel. According to Gal-Or, while Chinese interest in Israeli technology is on the rise, cultural divide and restrictive regulations mean that business opportunities between China and Israel are still constrained. Relations between the countries will need to mature for a decade or more for Chinese companies to make the sort of big acquisition of Israeli technology companies like Intel’s $15.3 billion acquisition of Jerusalem-based auto tech company Mobileye, he said.
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