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Israel, China Economic Cooperation in Focus

(Algemeiner) Joshua Levitt - "Our two economies are highly complementary, and the mutually beneficial cooperation between us enjoys a very bright future," visiting Chinese Foreign Minister Wang Yi told Prime Minister Benjamin Netanyahu on Wednesday. Closer ties between Israel and China make sense, experts say. "The reality is the ideas, the joint ventures, the high technology, is all coming from the Chinese working with Israeli companies," said Dr. Joseph Pelzman of George Washington University and Ben-Gurion University, who spent the past year as a Fulbright Scholar in Beijing. "The Chinese are fully aware that all the inputs, the microprocessors, the semi-conductors, are coming from Israel, and Israel is more than willing to help them innovate." "China doesn't need [Arab] oil - they get all they need from the Russians, and the fields in Kazakhstan are close enough if they need more. And Israel has natural gas. The Arabs, except for the Emirates, have no technological innovation, anywhere. Meanwhile, the Chinese don't have the long historical, European-based, anti-Jewish sentiment, while the Muslims in China have their own worries, so it's not a question of having to appeal to any domestic concerns."
2013-12-20 00:00:00
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