(Spectator-UK) Jake Wallis Simons - U.S. leaders have expressed concern about Chinese investment in Israel. In the last two decades, there have been 460 Chinese investments and acquisitions in Israel, totaling tens of billions of dollars. From an Israeli point of view, however, the need to panic is a long way off. After all, China accounts for no more than 10% of total foreign capital investments in Israel. By comparison, Chinese investment in UK interests amounts to 135 billion pounds ($186 billion), dwarfing that in Israel. There are 216,000 Chinese students studying in British universities, compared to 1,000 in Israel. Whereas Chinese infrastructure is deeply embedded in the UK, from the Hinkley Point nuclear plant to 5G, Israel's sensitive national security infrastructure is far more secure. How can Washington complain about Israel's trade with China when Britain is so much more compromised? The writer is deputy editor of the Jewish Chronicle.
2021-09-02 00:00:00Full ArticleBACK Visit the Daily Alert Archive