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Last year, Chinese money into Israel surged more than tenfold to a record .5 billion, according to Thomson Reuters data.Chinese investors are increasingly shopping for Israeli technologies amid growing awareness of Israel’s “Start-up Nation” brand and philosemitic sentiment.“They have a preconceived idea that in Israel, there are 8.5 million Einsteins.
“They get red carpet treatment when they come to Israel, which is not the case necessarily when they come to the US [and Europe].”With Chinese money flowing into Israeli hi-tech companies, it is likely to soon overtake the US as the number one source of foreign investment for the Jewish state.These changes make Israel’s soon-tobe 23% rate less of a bargain for American investors.While US regulators have cited security concerns in their delaying turning down Chinese takeover bids, Israel seems to be more open for business. Selector .selector_input_interaction .selector_input. Selector .selector_input_interaction .selector_spinner. CREDITEASE’S VIP delegation visits Jerusalem last week.