China and Japan Bet Big on Israeli High-tech Sector
on February 04, 2016
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With the high-tech sector making up about half of its total industrial exports, Israel is forging strong trade ties with the emerging economies of Asia. Leading nations of Far-East Asia -- namely Japan, China and Singapore -- have launched series of efforts to court Israeli technology sector.
In the age of global competition where technological edge makes all the difference, no significant players in Asia wants to miss out on the disruptive and game-changing innovation going on in Israel. The recent big ticket acquisition of Israeli start ups by Asian multi-nationals is just part of this growing cooperation. Asian players want to build long-term partnerships with Israeli businesses, entrepreneurs, start ups and universities to jointly develop the next generation of high-tech products and solutions.
Countries like India, China and Japan; which in past have been hesitant of openly engaging with Israel -- to avoid offend oil-supplying Arab countries -- are changing their long-held adverse stance and strengthening commercial and diplomatic ties with the Jewish State. Leading technology news website TechCrunch reports:
China and Japan are forging deeper ties with Israel’s burgeoning tech industry. While China has been active in the Israeli market for some time, Japan, too, has launched a series of efforts to court the Israeli tech scene.






