Against the backdrop of heightened Sino-US tensions, Israel is due to enter its 8th round of negotiations for a Free Trade Agreement (FTA) with China. The two nations wrapped up their 7th round in November 2019, and could very well finalize the deal by the close of 2020. The notion of one of America’s closest allies entering into such an agreement with its recently dubbed “strategic competitor” might cause one to raise an eyebrow. But if negotiated wisely, an FTA could, in fact, serve to benefit all three countries.
Since the release of its 2017 National Security Strategy, America has tightened restrictions on Chinese investment in sensitive technologies such as quantum computing and artificial intelligence, and has been encouraging its allies to follow suit.