ALBAWABA - In yet another setback for the Israeli occupation, losses continue to mount both on the battlefield in clashes with Palestinian factions in Gaza and on the economic front, with Israel grappling with the repercussions of the 'Operation Iron Swords' launched by the extreme right-wing government led by Benjamin Netanyahu on October 7th.
The latest losses faced by Israeli occupation due to the military operation against Gaza involve challenges faced by advanced technology factories in importing components from China.
According to Israeli occupation Israeliimporters cited by the Yedioth Ahronoth newspaper, China has begun creating bureaucratic difficulties for shipments destined for Israel, without explicitly announcing sanctions on components that can be used for both civilian and military purposes. A government source acknowledged that this is evidently related to the 'Operation Iron Swords.'
Earlier, the Chinese government, under President Xi Jinping's leadership, clearly took a pro-Palestinian stance during the war. Israeli occupation officials of high rank indicated that Beijing refused to send workers to Israel during the conflict, citing a shortage of labor in the construction and agriculture sectors, as reported by Russia Today.
Previously, the American bank JPMorgan predicted an 11% contraction in Israel's Gross Domestic Product (GDP) in the current quarter on a quarterly basis, amidst the escalation of 'Operation Iron Swords,' according to CNBC Arabiya.
The Israeli newspaper reported that importing through a third party has resulted in cost increases and delayed delivery times. Israeli occupation importers explained that Chinese suppliers demanded the completion of numerous forms, causing shipment delays under the pretext of incorrect form filling, leading to difficulties in obtaining supplies.
A high-level source from one of the factories clarified to Yedioth Ahronoth that an electronic product comprises tens of thousands of components. He added that if any of these components fail to arrive, the product cannot be provided.
The Israeli occupation economy faces mounting challenges amid the ongoing conflict, both on the military and economic fronts, indicating the complex impact of the situation on various sectors within the country."
