Israel Is Stuck in the Middle of Trump's Conflict with China
- Chinese investment in Israel surging amid U.S. trade tensions
- China warns against interference from ‘third party’ in Israel
Photographer: Ariel Jerozolimski/Bloomberg
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Igal Rotem’s fastest-growing market is China, while most of the investors in his online banking service are American. That puts the Israeli executive at the crux of a geopolitical power play beyond his control.
Israel’s technology industry has traditionally depended on U.S. investors and the American market, but now it’s bracing for possible fallout from President Donald Trump’s showdown with China. For Rotem and the CEOs of Israeli companies like his, the risk is they end up on the wrong end of U.S. efforts to curb technology sales to China, especially innovation that might give Beijing an edge over Washington.