Chinese investment in Israeli tech is growing, and it's 'quite welcome' for some [CNBC]
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Source: CNBC
As Chinese investment in Europe and the U.S. comes under greater scrutiny, some mainland investors are turning toward investing in Israel's technology sector instead. Speaking to CNBC, Steven Schoenfeld of BlueStar Indexes explains some reasons behind the increasing Chinese interest in Israeli tech. Eustance Huang Published 32 Mins Ago CNBC.com show chapters As the trade war between Washington and Beijing rolls on and investments from the mainland come under greater scrutiny in the U.S. and Europe, Chinese companies are increasingly turning elsewhere. One country poised to gain in investment is Israel . “There’s been a secular uptrend in Chinese investment in Israel for the past eight to 10 years, but it has been accelerating,” said Steven Schoenfeld, founder and CIO of BlueStar Indexes, a firm that develops Israel-focused indexes and exchange-traded funds. The vast majority of investment in Israel toda
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