Business
'The Chinese have taken over Israel's largest food producer'
Yair Hasson
Published: 22.05.14, 12:09
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1. National Asset?
Rafi ,   Merkaz, Israel   (05.22.14)
It's not a national asset. It's a monopoly that's been gouging us for years.
2. The elites have sold out IL and are abandoning the country
Jhan   (05.22.14)
You won't read the truth in the mainstream - lamestream media, but it's happening: the elites / oligarchs have stripped you of all your assets and are in the process of leaving, and leaving you in the hands of the Ching-chongs.
3. China is not chinese!
Calibi ,   Sydney Aust   (05.22.14)
Yes if you go to China there is virtually no anti - Semitic but when you deal with the Chinese govt in such pattern is very dangerous. It is not wise, China is too big a mouth. God bless Israel
4. ti hi americans go eat what you cooked.
ghostq   (05.22.14)
USA bullied Israel, so Israel makeS it clear it shall not be bullied. ti hi Biden your policy made that happened and USA lost its last ally in the ME.
5. It's a two way street called capitalism
Mark B. ,   Amsterdam / Holland   (05.22.14)
You go to them, they come to you. And if there is a threat to national security, it is not coming from companies but from private equity houses like Apax. If they could have made more money by destroying Tnuva instead of selling to the Chinese, they would have.
6. I'm switching to another company!
Moshico ,   Jerusalem   (05.22.14)
7. America is a nothing today thanks to the fact that she
Al   (05.22.14)
has abandoned her manufacturing base in soft goods to the Chinese. ONCE YOU LOSE YOUR MANUFACTURING YOU BECOME POOR. It doesn't take a genius to take a box off of a container to to sell its contents. IT TAKES SMART PEOPLE TO MANUFACTURE A PRODUCT. The Chinese are to be trusted like a bowl of noodles. You never know where the noodle starts and where it ends. Don't abandone your basic needs to anyone. You must have food, energy and defence independence.
8. For the first time I agree with E. Halevy ! It's a threat
(05.22.14)
9. This is ominous since the Chinese are known for sabotaging
Rivkah   (05.22.14)
foods and toxic soil in growing foods. They poisoned and killed thousands of US dogs with toxic jerky treats. They poisoned and killed many children in the Caribbean with toxic cough syrup. They poison people in restaurants with toxic salad dressings made with anti-freeze and other petroleum based liquids. The frozen foods from China sold at Whole Foods Markets are toxic in heavy metals. Asian rice is toxic in arsenic and lead. China likes to weaken its enemies by nefarious means to make them easier to subdue in war.
10. Opportunity to Sell to the Chinese
Reuven Brauner ,   Raanana, Israel   (05.22.14)
After years of Jews enjoying Chinese food - it is tasty - we now have an opportunity to sell them our traditional delicacies: Gefilte fishballs Lokshen Kugel Cholent Gehakte Leiber They'll love it. Imagine, we can open a factory in places like Tulkarim and produce millions of tons of frozen chopped liver, packed in thousands of 20ft. shipping containers for them. Wow.
11. Now it is clear why Halevy has made strange remarks lately:
tom ,   tel aviv   (05.22.14)
the guy is insane!
12. Bad deal & China is too ambitious
Naomi   (05.22.14)
13. China and Israel
Sjoerd van der Velde ,   Hoorn, Holland   (05.22.14)
As long as there is a dictatorial, criminal regime in Beijing and in evevery other country, with a dictatorship, we have to watch ou/beware, doing business. We can choose for the free and democratic world. For example, also, Israel, forever, ever and always!
14. For what ?
Gabe ,   Canada   (05.22.14)
For a bowl of lentil ?
15. China should not own Tenuva..
Dror ,   Haifa, Israel   (05.22.14)
The govt. should step in and nationalize the food industry in Israel before it is too late. This is becoming dangerous. I am all for doing buisness with Russia and China, but this time Halevy is right.
16. Bigotry and BS: British are ok, but Chinese not?
Ehud   (05.22.14)
What a load of baloney from this serial baffoon: it is ok when Btitish Apax is the majority owner, but not the Chinese? 'Food security'? The Chinese will choke us by withholding cottage cheese from us? Why would they do so? And even if they would take this ludicrous step of self-inflicting damage, we wouldn't we be able to buy it cheaper on the works market? Whose interests does Hakevy serve, or is it just stupidity and the wish of a has been to be heard again?
17. Its all about the money ....
Stop Buying Tnuva ,   Israel   (05.22.14)
We should be supporting our local industry instead of selling off our major assests to all and sundry around the world. Can you say ... Benjamin Netanyahu = Richard Cranium .....
18. This is a Chinese Takeaway
Alan ,   SA   (05.22.14)
19. Advantage & drawbacks
Raphael ,   Netanya   (05.22.14)
A chinese controlled management will give Tnuva an open access to the mammoth chinese market, which means a flow of export generated profits, and another blow to BDS. In case of mismanagement, Tnuva will be bankrupt. So what? There are enough israeli competitors to fill the vacuum.
20. Israeli food industry: Thieves with a license
Avi Israeli ,   Tel Aviv   (05.22.14)
Food prices in Israel are 30-40% higher than in Europe. Years ago, poor people in Israel always knew that they could somehow survive on cheap, subsidized food items which included low fat yogurt (Gil, Eshel), Milk, bread, eggs and an assortment of fruits and vegetables. Then, sometime during the 90's, the tycoons somehow 'convinced' the politicians that all subsidies were a bad idea. Since then, food prices in Israel continue to skyrocket. Here are some examples in $USD for comparison: 2L Milk: $3.44 12 eggs (Tnuva): $3.36 Loaf of sliced bread (Berman): $3.73 Telma 'Shugi' cereal (1Kg): $7.17 Chicken breasts (1kg): $5.74 200g coffee (Elite): $7.45 ...I could go on, but there's no point. Eventually, the poor will simply not be able to afford to pay for basic food and other expenses. When that happens, the 'Cottage Cheese' revolution of 2011 brought on by Israel's dairy industry price gauging, will seem like a walk in the park. How many more Moshe Silman's will it take for the public to understand that they are being fleeced?
21. China will destroy Israeli Companies
Tova ,   Canada   (05.22.14)
China is a selfish country. They are an internal people who care nothing for other countries. They are dangerous. Selling to China will destroy Israel Food Industry.
22. yah, so. better to be with the chinese then brits.
ralph   (05.22.14)
23.  There goes the neighborhood.
ik ,   USA   (05.22.14)
No longer a need for the diaspora to purchase Tnuva products out of the love for Israel. I guess the Chinese will show them how to add melamine plastic to the milk like they did. Didn't they know that Jews only eat Chinese on Sundays and Christmas day?
24. Time for us to switch.
A Jerusalemite ,   Jerusalem, Israel   (05.23.14)
Stop buying Tnuva products. There are more than enough alternate dairy products producers. Selling food producing companies to non-Israeli countries is a dangerous step. In time of war they could starve us.
25. In 2011, the Chinese also took over
Devorah   (05.23.14)
Makhteshim Agan, producer of herbicides, insecticides and fungicides.
26. Israel is better off than the USA !!!
Beary White ,   Norway   (05.23.14)
Most people do not know the chinese have taken over / control the oil-production in Texas.. and THAT makes it very painful for mr Sotero. . even more than not controlling food-distribution in Israel, just change your buying habit and change the brand....
27. Heheh ;) ,...
split ,   US   (05.23.14)
They will teach you some work ethics or relocate the joint to China ,...
28. Looks like small farmers will have lots of new business!
David ,   Hartford USA   (05.23.14)
All those small local dairies will now have the benefit of no Chinese connection, no threat of contaminated food. They will become the dairy producers that people want to support- and Tnuva sales will plummet.
29. You better be careful...
Howard Immanuelson ,   US   (05.23.14)
China has a dreadful record of food safety both within and outside of China. Go search for the info; they will literally produce and sell anything they can make a profit on, even if it kills people. Just today it was announced that over 1,000 dogs had died in the US as a result of treats/food that were made in China. There are many, many such examples including Chinese made toothpaste with a poisonous ingredient that has killed hundreds of people worldwide. The more you research this, the more appalled you'll become.
30. Cottage Cheese Price Will Go Through Roof
(05.23.14)
Then they will use the money they earn from Israelis to buy your orange groves. Then your computer chip factories etc etc ad nauseam. All those American dollars have to go somewhere. Israelis love American dollars. With dollars they can move to Amerika.
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