Ilan Maor, the President of Israel – China Chamber of Commerce and SHENG’s Managing Partner gave an interview to the evening economic radio program of the IDF Radio station (Galatz) about the Chinese economy in general and the recent developments in the Chinese and Hong Kong stock exchanges in particular.
Ilan referred to the recent economic developments and relevant domestic and international influencing factors. Asked whether we can expect economic crisis Ilan expressed his trust that though the Chinese economy is facing challenges it will overcome it and mentioned the recently published Q3 results with higher than expected growth figure of 3.9%. Ilan expressed the important potential China presents to the israel economy and companies.