Nilit produces nylon 6.6 yarns for the fashion, apparel, and textile industries. The joint venture will include a new manufacturing site in Henan.
American efforts to reach a normalization agreement between Saudi Arabia and Israel before the end of President Joe Biden’s term have been stymied by the circumstances of the Gaza war.
China has become increasingly aligned with the Palestinian cause in the last couple of years.
China has been slowly shifting its position on the Israel-Palestinian conflict.
Other countries, while strongly supporting a ceasefire in Gaza, can see that accusing Israel of intending to destroy the Palestinian people is a step too far.
The report comes just days after the IDF revealed stockpiles of sophisticated Chinese-made weaponry used by Hamas in Gaza.
In recent weeks Beijing has entered a dark cave where China had never been: antisemitism.
As an "open port," a visa wasn't required for those arriving in Shanghai from Europe, mainly by boat.
The free propagation of Jewish conspiracy theories despite China’s powerful censorship machine indicates an endorsement by the party-state.
Russia and China have both slammed Israel's approach to the current war in Gaza.