Chinese PM Li Welcomes Israeli PM Netanyahu to Beijing

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While one-third of foreign investment in Israel previous year came from China, some startup executives complained that financing deals were being canceled because Chinese investors couldn't take money out of their country, the Israeli leader said.

Chinese envoys occasionally visit Israel and the Palestinian Territories, but Chinese efforts to mediate or play a role in that long-standing dispute have never amounted to much. "However, global challenges pose threats to the well-being of people of all countries", he addressed at a general debate in the 34th Session of the Human Rights Council, on behalf of a cross-regional group of 36 developing countries.

Netanyahu's trip comes just days after China hosted Saudi Arabia's King Salman and signed deals worth as much as $65 billion with Riyadh.The Middle East, however, is fraught with risk for China, a country that has little experience navigating the religious and political tensions that frequently rack the region.China also has close ties with Iran, whose nuclear programme has seriously alarmed Israel.

Earlier Monday, Netanyahu told a meeting of Israeli and Chinese businesspeople that Israel is well-positioned to help China upgrade its products, services and utilities with better technology.

"You shouldn't ask me this question", Deng said, when asked whether Li and Netanyahu discussed intelligence sharing. "A few years ago we had nothing". Indian Prime Minister Narendra Modi will visit Israel in the summer, underpinning the Asia trend.

While in China, Netanyahu will hold meetings with President Xi Jiping and Premier Li Keqiang, as well as top business leaders.

According to an analysis published by the Institute for National Security Studies (INSS) in Tel Aviv on Sunday, Israel-China ties "embody significant growth potential for the Israeli economy that must be maximized while taking every precaution to preserve Israel's strategic relationship with the United States". One panel explained a collaborative research project between China's National Center for Nanoscience and Technology and Israel's Weizmann Institute of Science on the catalytic reduction of Carbon dioxide into value-added chemicals with solar energy.

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