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situation report

Nov 9, 2018 | 17:25 GMT

1 min read

Israel: U.S. Officials Warn of Consequences Over Chinese Investment

What Happened: U.S. government officials have warned their Israeli counterparts about the consequences of Chinese investment in Israeli infrastructure, Haaretz reported Nov. 9.

Why It Matters: Israeli-Chinese relations have become a focal point for the U.S. government as it worries about the strategic impact of Chinese investment on U.S. security ties to Israel.

Background: Chinese Vice President Wang Qishan visited Israel in October and highlighted the growing investment and economic ties between both countries, prompting U.S. Treasury Secretary Steven Mnuchin to announce that the United States intends to increase its financial support for Israeli infrastructure.

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