A record $16.5 billion in Chinese investments flowed into Israel last year. Meanwhile, US deals have been scuttled.
Chinese investors hoping to put their money in US tech startups have been hitting roadblocks lately, with tougher scrutiny from US regulators scuttling deals.
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, according to a report from Reuters published Thursday.
Read the full article by Ben Fox Rubin at CNet.