Reuters - Chinese Companies Look to Israeli Tech
Leading Chinese companies are looking for investments in Israeli technology to help boost their growth and development, similar to what U.S. companies have done in the past two decades, Reuters wrote Wednesday. A delegation of senior Chinese business leaders visited Israel last month in search of opportunities, pressing ahead with the trip despite rockets that fell in the commercial center of the country during fighting with Gaza militants. Chinese have invested $3 billion in Israeli companies to date. The biggest investment was the $1.4 billion acquisition of 60 percent of MA Industries, the world's largest maker of generic crop protection chemicals, by China National Chemical Corp. in late 2011.
2 January 2013•3 mins read
