Bibi’s great haul in China

The Jewish Chronicle - - FRONT PAGE - BY ANSHEL PFEFFER

HIGH-LEVEL TALKS be­tween Prime Min­is­ter Ben­jamin Ne­tanyahu and China’s lead­er­ship this week in Bei­jing fo­cused on eco­nomic is­sues, in par­tic­u­lar the pos­si­bil­ity of Is­rael re­ceiv­ing spe­cial sta­tus for Chi­nese in­vest­ments.

In his meet­ings with Chi­nese Pres­i­dent Xi Jing­ping and Prime Min­is­ter Li Ke­giang, Mr Ne­tanyahu stressed the need for Is­rael to be ex­empt from the a re­cent law passed by the Chi­nese regime against their busi­ness­peo­ple in­vest­ing cap­i­tal over­seas.

The prime min­is­ter told re­porters he had asked Pres­i­dent Jing­ping for an waiver be­cause Is­rael is “a spe­cial case. It’s a tech­nol­ogy pow­er­house that has no mar­ket. It has sig­nif­i­cance for tech­nol­ogy but it doesn’t have any sig­nif­i­cance in terms of vol­ume on mar­kets or cur­ren­cies.”

Around a third of for­eign in­vest­ment in re­cent years in Is­raeli tech com­pa­nies has come from Chi­nese sources and Mr Ne­tanyahu said that in­vest­ment would have to con­tinue for the Chi­nese to ob­tain Is­raeli tech­nol­ogy.

For their part, the Chi­nese have com­plained about re­stric­tions on the ex­port of tech­nol­ogy. While Is­raeli en­trepreneurs are nat­u­rally ea­ger for Chi­nese in­vest­ment, the se­cu­rity ser­vices have ex­pressed con­cerns over the trans­fer of cer­tain tech­nol­ogy prod­ucts.

PHOTO: AP

Ben­jamin Ne­tanyahu is wel­comed to Bei­jing by China’s Prime Min­is­ter Li Ke­qiang on Mon­day. The Is­raeli leader was fo­cus­ing on strik­ing eco­nomic deals to give his coun­try pref­er­en­tial treat­ment

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