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Blocked From US Tech Investing, China Goes To Israel Instead (cnet.com)

Posted by msmash on from the trump-effect dept.

Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising technology are finding a warmer welcome for their cash in Israel. From a report: Unfazed by this change, which was brought on in part by a new administration focused on US protectionism, Chinese investors are putting their money in Israeli companies instead. Last year, Chinese investment in Israel surged tenfold to $16.5 billion, a record, with money going to Israeli internet, cybersecurity and medical device companies. In contrast, Chinese investors scrapped a record $26.3 billion in previously announced US deals.

3 of 73 comments (clear)

  1. Ok, who has the time machine? by will_die · · Score: 3, Insightful

    First you had claims about use of a time machine to get access to servers now there are claims that trump went back into the past and implemented restrictions that are not even in place now.
    How is this happening and how do I get a ride?

    1. Re:Ok, who has the time machine? by ShanghaiBill · · Score: 3, Insightful

      When deciding whether or not to invest in a country, any reasonable company would consider not just current law, but likely future restrictions and attitudes as well.

      According to Trump:
      1. If American companies create jobs elsewhere, that is bad for America and good for foreigners.
      2. If foreign companies create jobs in America, that is also bad for America and good for foreigners.

    2. Re:Ok, who has the time machine? by jandersen · · Score: 3, Insightful

      First you had claims about use of a time machine to get access to servers now there are claims that trump went back into the past and implemented restrictions that are not even in place now.

      Investors are very sensitive to what they think is likely to happen in the near future - with Trump going on about 'taking on' China imposing enormous tariffs etc, what did anyone expect Chinese investors to do? Ladle the cash into the US until suddenly a tariff hits them? Just imagine how fast foreign companies would pull all their investments out of China, if their government started talking about stuff like that. It's probably called due diligence or something like that. Or common sense.