China is determined to embrace Israel’s thriving tech hub of “Silicon Wadi,” concentrated mostly in the greater Tel Aviv region, and known for its abundance of deep tech startups and close ties to Silicon Valley.
Some in China also see Israel’s tech community as a gateway to better access to US contacts and deals, especially at a time when Chinese investors are being increasingly constrained by US regulators.
Many Israeli startup founders are paying attention, considering their next steps in a more complex world, in which the US path to scale is no longer the only game in town. Israel’s startup economy has been dependent on close ties to Silicon Valley over the past 25 years, a trend that is expected to continue and strengthen, yet collaboration with China is set to increase.
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