Chinese Embassy refutes false reports of 'ban on Investment in Israel'

The Chinese Embassy in Israel has refuted recent media reports claiming that "China has banned investment in Israel," according to a post published on the embassy's official WeChat account on Friday.

Some media outlets cited an investment dispute between a border kibbutz in Israel and a Chinese investment fund, alleging that China had prohibited investment in Israel. The embassy issued a clarification through Israel's Channel 12 in response to the reports.

Since the outbreak of the Gaza conflict on Oct. 7, 2023, China has adjusted its travel risk rating for certain areas of Israel in line with common international practice. As the security situation has eased, areas classified as extremely high risk (red) have been significantly reduced and are now limited to parts of the northern border and areas surrounding Gaza.

The embassy noted that imposing strict restrictions on personnel exchanges and economic activities in extremely high-risk areas is consistent with international practice and should not be confused with the normal economic and trade exchanges maintained between China and the vast majority of regions in Israel.

China encourages Israeli partners to engage in diverse forms of economic and trade cooperation and hopes that all sectors of society will work actively to safeguard bilateral relations and promote friendship and pragmatic cooperation, the embassy said.