Progressive Politics

The Chinese Embassy in Israel announced on Friday that it has used Israel’s news outlet Channel 12 to refute reports claiming “China has banned all new investment in Israel.” The embassy said those reports arose in coverage are inaccurate.

China encourages Israeli personnel to engage with us in various forms of economic and trade cooperation, and hopes that all sectors will actively safeguard bilateral relations and play an active role in advancing China-Israel friendship and practical cooperation.

China remains Israel’s top source of imports in 2024. China kept its position as Israel’s largest source of commodity imports for the fifth consecutive year in 2024, according to data issued by Israel’s Central Bureau of Statistics, the Xinhua News Agency reported. Israeli imports from China reached a record high of $13.53 billion in 2024, a 19.8 percent increase from the $11.29 billion in 2023, per Xinhua.