Israeli Prime Minister Benjamin Netanyahu wraps up his trip to China on Wednesday, with technology and investment two areas of overlapping interest for the two countries. Israel is a key component in China’s “One Belt, One Road” trade initiative and China is keen to tap into Israel’s advances in agricultural technology.
China wish list from Israel includes:
• Belt-and-road-related infrastructure projects
China is bidding to build a high-speed railway connecting the Red Sea to the Mediterranean, a route seen as an alternative to the Suez Canal.
Chinese companies have had some success in winning tenders in Israel. Shanghai International Port Group won a 25-year operating concession to run the Haifa port in northern Israel, while China Harbour Engineering is contracted to build a US$876 million new port in Ashdod.