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'The Chinese government bans all new investment in Israel' (www.ynetnews.com)
submitted 6 months ago by to c/worldnews@lemmy.ml
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Members of Kibbutz Hanita near Israel’s northern border are demanding $11 million from Ballet Vision, the Chinese fund that controls 80% of the Hanita Lenses plant, accusing it of refusing to exercise an option to purchase the kibbutz’s remaining shares, according to a lawsuit filed in Tel Aviv District Court.

In a response letter attached to the lawsuit, the Chinese fund said that since the outbreak of the war in Israel, Beijing has classified Israel as a “high-risk area” and imposed a ban on any new Chinese investments in the country, making it impossible to carry out the option.

According to the lawsuit, in 2021 the kibbutz sold 74% of Hanita Lenses, which manufactures intraocular lenses for medical use, to Ballet Vision for $35 million. Of that sum, $25 million was paid to kibbutz members, with an additional $10 million injected into the company.

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[–] 15 points 6 months ago (1 child)

What is it about any ideology that might make it immune to that?

Marxism-Leninism is an explicitly anti-colonialist ideology that helped the PRC overturn the century of humiliation, defeat Japanese and US imperialism and feudalists, to win the greatest anti-colonial revolution of the 20th century.

Only if you are entirely ignorant of that history can you claim that "the anti-colonial camp is just as bad as their colonizers".

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  • [+] -6 points 6 months ago (1 child)

    Nothing about what you've said convinces me that a nation founded on or implementing Marxist Leninist or any other ideological principles is somehow immune to the drive to spread those principles through violence or expansion or whatever other explanation they come up with. I can appreciate that you believe that this system is perfect and would never be unethical or immoral, but I'm afraid I disagree with you, and moreover I don't believe we a) start from the same fundamental values or beliefs, nor b) have enough goodwill to engage in good faith. Nor do I have the time or the desire to rectify any of that, even if I thought it would benefit me in any way to do it.

    Thankfully for me, as much as I have problems with the way my country is organized (which you cannot know, and seem to have no desire to know), I strongly doubt your way of organizing the world will have much purchase here.

    I'm moving on and I recommend you do as well.

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