Instead of boosting ties with other countries who will turn against you, why not boost ties with, say something new, like Israeli citizens. We give money away like it was candy. Couple of mill to the pals, few mill to this one and that one. We citizens? Shut up and stuff the price of fuel, groceries, etc., down your throat.

With Obama in power, it has shown the need to reach and out develop trade/relations with other powerful countries as well.

If you think for one second that China and India 2 countries with traditionally non aligned policies will increase Israels diplomatic clout you are so wrong. FYI the State of California has a larger economy than India and it's citizens per capita income is quadruple the Chinese and Indian levels combined and that is quoting the poverty level rate so don't fool your self. China and India are growing economically and that's because of who? I will let you answer that ?