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July 9, 2015 12:20 am

Israel Says Economy Could Withstand Chinese Stock Market Meltdown

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Benjamin Netanyahu with Chinese Premier Li Keqiang at an official welcoming ceremony. Photo: Israel GPO.

Benjamin Netanyahu with Chinese Premier Li Keqiang at an official welcoming ceremony. Photo: Israel GPO.

Times of Israel – A stock market meltdown in world financial centers is a doomsday scenario, not just for the stockholders who lose money in the market but for Israel as well, which is dependent on outside sources of investment to keep its high-tech pump primed. And with the growing investment relationship between Israel and China, Israeli tech firms have good reason to be concerned that Chinese investors, taking losses at home, will hold back on foreign investments abroad, including in Israel.

That may indeed happen, say investors in both Israel and China, but if there is a falloff in Chinese investment money, it is likely to be temporary.

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