Accession Number:

AD1096350

Title:

Chinese Investment in Israeli Technology and Infrastructure

Descriptive Note:

Technical Report

Corporate Author:

RAND ARROYO CENTER SANTA MONICA CA SANTA MONICA United States

Report Date:

2020-01-01

Pagination or Media Count:

149.0

Abstract:

Bilateral ties between Israel and China began in 1950, but the two countries recently substantially expanded their relationship. China is interested in Israeli advanced technology, wants to learn from Israels success in innovation, and considers Israel an important player within the Middle East and a useful node in Chinas ambitious Belt and Road Initiative BRIChinas vision to connect Europe, Asia, and Africa via land and sea. Israel, for its part, seeks to diversify its relationships beyond its traditional partners, the United States and Europe, and wants to benefit from enhanced ties with the worlds fastest-growing major economy. Since 2013, Chinese companies have increasingly become more involved in Israel by purchasing Israeli companies and successfully bidding on key infrastructure construction projects. Such activity has been significant in the high-tech sector, in which Chinese investment of venture capital VC doubled from 500 million in 2014 to 1 billion in 2016. Israeli tech startups received Chinese investment of 325 million in the first three quarters of 2018, up 37 percent from a year earlier.1

Subject Categories:

  • Government and Political Science
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE