T24 - March 21st 2015
Trade between Israel and China in 2014 reached record peaks Haaretz
newspaper reported on Friday. Calculating completed deals, transactions
and plans for future transactions, the tally for 2014 reaches close to
$4 billion.
The figure was determined by a law firm working on mergers and
acquisitions involving Chinese companies, Weinstock Zecler & Co, led
by partner Micki Shapira.
Shapira reported that Chinese investors are "investing more broadly in the Israeli economy."
“We are currently seeing the Chinese also investing in local venture
capital funds, which had not happened before,” he said. “At its peak, it
involves huge investment on their part in the Israeli market via
holdings in companies like Tnuva and [Adama]. The trend will grow: 2014
is just the beginning, and we are already dealing with two more
transactions and getting additional inquiries. If 2015 continues this
way, it will surpass 2014.”
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