Israeli Firms Busy in China

There are no diplomatic relations between Israel and the Peoples Republic of China but the two countries are cooperating on a variety of projects.

Maariv reported yesterday that more than 60 Israeli firms are currently involved in establishing enterprises in China or are in the final stages of agreements with the Chinese authorities. The projects include an airfield and 10 hotels, solar energy plants and agricultural development involving Israeli know-how, capital and technology. The Chineseprovide the manpower and land and do the actual construction, Maariv said. Two Israeli experts have just been granted visas by the Chinese and will travel there on their Israeli passports. Others have gone to China on non-Israeli passports. Many Israelis hold dual nationality for business purposes.

NEXT STORY