{"id":10760,"date":"2015-02-13T00:04:21","date_gmt":"2015-02-13T08:04:21","guid":{"rendered":"http:\/\/www.jewishindependent.ca\/?p=10760"},"modified":"2015-02-12T23:53:53","modified_gmt":"2015-02-13T07:53:53","slug":"israel-china-economic-ties-keep-growing","status":"publish","type":"post","link":"https:\/\/www.jewishindependent.ca\/index.php\/2015\/02\/13\/israel-china-economic-ties-keep-growing\/","title":{"rendered":"Israel-China economic ties keep growing"},"content":{"rendered":"<p><span style=\"color: #000000;\"><strong>A senior delegation from Shengjing visits JVP in Jerusalem.\u00a0<\/strong><strong><em>(photo by Yael Rivkind, JVP, via <a href=\"http:\/\/israel21c.org\" target=\"_blank\">israel21c.org<\/a>)<\/em><\/strong><\/span><\/p>\n<p>Fiona Darmon, a partner at JVP, one of Israel\u2019s most successful venture capital funds, was recently in China at a meeting with a large investor. She sat in his office for more than an hour, chatting with him about everything but business. Only then, she said, did he nod to his subordinates, and Darmon was taken into another room, where the business discussions began.<\/p>\n<p>\u201cThe mindset in China is that if we\u2019re going to do business and I\u2019m going to entrust you with my capital, let\u2019s see if we have a personal rapport before I even move to the next step,\u201d Darmon told this reporter. \u201cIt\u2019s about you as a person, first.\u201d<\/p>\n<p>Israelis are not known for their patience, and that can be a challenge, said Ilan Maor, a managing director of Sheng-BDO (Business Development Organization) and\u00a0a former Israeli consul in China. Yet economic ties are \u201cbooming,\u201d he said.<\/p>\n<p>\u201cThe most important aspects of the commercial cooperation are gradually moving from buying and selling toward the main pillars of the future of technology and investment,\u201d Maor explained. \u201cChina is taking its place gradually as a strategic player in the Israeli market.\u201d<\/p>\n<p>As an example, the Chinese company Bright Star is on the verge of buying a majority stake in Tnuva, Israel\u2019s iconic dairy company. The company is so central to Israel\u2019s image of itself that, on leaving Israel, the last thing you see on the way to duty free is the logo of Tnuva\u2019s cottage cheese container made out of flowers. If the sale goes through as expected, China and Israel\u2019s kibbutz cooperative movement will share ownership of the dairy company.<\/p>\n<p>More and more Chinese business people are visiting Israel looking to invest and to learn from Israel\u2019s entrepreneurs.<\/p>\n<p>\u201cIsrael is not only the \u2018startup nation,\u2019 it is also the \u2018innovation nation,\u2019\u201d said Xueling Cao, director of the Shengjing Group, who was in Israel when she spoke with this reporter. \u201cChina is a huge consumer market and Israel is a huge source of innovation and technology, and we can match the two together.\u201d<\/p>\n<p>Read more at\u00a0<a href=\"http:\/\/themedialine.org\/news\/news_detail.asp?NewsID=41770\" target=\"_blank\">themedialine.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A senior delegation from Shengjing visits JVP in Jerusalem.\u00a0(photo by Yael Rivkind, JVP, via israel21c.org) Fiona Darmon, a partner at JVP, one of Israel\u2019s most successful venture capital funds, was recently in China at a meeting with a large investor. She sat in his office for more than an hour, chatting with him about everything [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10743,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3136,3137,3140,3139,4330,3141,3143,3142,3138,3144],"class_list":["post-10760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-china","tag-economy","tag-fiona-darmon","tag-ilan-maor","tag-israel","tag-jvp","tag-sheng-bdo","tag-shengjing","tag-tnuva","tag-xueling-cao"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"_links":{"self":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts\/10760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/comments?post=10760"}],"version-history":[{"count":0,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/posts\/10760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/media\/10743"}],"wp:attachment":[{"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/media?parent=10760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/categories?post=10760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jewishindependent.ca\/index.php\/wp-json\/wp\/v2\/tags?post=10760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}