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Dancing with a dragon: Prof. Bailey comments on China’s economy and conduct

China’s economy is moving in directions favorable for Israel, but its conduct is problematic.

China has rapidly risen to third place among Israel’s export markets. In terms of other economic relations, however, such as joint ventures and acquisitions, it could be argued that China is now second only to the United States in economic importance. These relations extend to education, with a new campus of the Technion in China.

Thus it behooves the Israeli government, media, academia and business to pay close attention to the Far East, despite the temptation to focus on the Middle East and Europe.

In this, there is good news and bad news.

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