Comment on China wakes to the importance of moving closer to Israel
BrikoX@lemmy.zip 5 days agoExactly my point. Ambigous talk of actions that doesn’t materialize.
Comment on China wakes to the importance of moving closer to Israel
BrikoX@lemmy.zip 5 days agoExactly my point. Ambigous talk of actions that doesn’t materialize.
Hotznplotzn@lemmy.sdf.org 5 days ago
In 2024, China imported goods worth $2.8bn from Israel, while Hong Kong imported an additional $2bn, according to the UN Comtrade database. With the combined $4.8bn, China is worldwide the second-largest buyer of Israeli goods behind the US.
China was, however, the biggest exporter to Israel with $19bn, more than twice the volume of second US with $9.4bn, and Germany with $5.6bn.
That’s more than ‘ambiguous talk’ but has rather long been materializing I would say.
BrikoX@lemmy.zip 5 days ago
Considering China’s trade power, it’s more fair to compare it to the EU bloc which is by far the number one on trade partner. Total trade in goods between the EU and Israel in 2024 amounted to €42.6 billion. EU imports from Israel were worth €15.9 billion. The EU’s exports to Israel amounted to €26.7 billion.
And considering China’s total exports in 2024 were valued at US$3.58 trillion, it’s kind of insignificant in a sense that it signifies a shift in trade policy.
Hotznplotzn@lemmy.sdf.org 4 days ago
Compare China’s total trade to the share of a relatively small country like Israel makes no economic sense. Israeli exports are ‘insignificant’ also to the EU and the US, but this says nothing if not related to the size of its economies.
China is the largest seller to Israel among all the countries in the world.
Btw, China is also selling surveillance tech to Israel, a fact that is elegantly ignored by many here on Lemmy who are (rightfully) criticizing Israel and “the West” for its support. We must realize, though, that Israeli authorities are using facial recognition technology to entrench apartheid, as stated by Amnesty and some time ago.
In an article, a newspaper titled, How Chinese firm linked to repression of Uyghurs aids Israeli surveillance in West Bank.