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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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[-] Cowbee@lemmy.ml 5 points 2 hours ago

No? I have a job in the US, that's what I do for a living.

Socialism is incompatible with billionaires; full stop.

Says who? Legitimately. Socialism requires public ownership to be the principle aspect of the economy and the working classes in charge of the state, not the absence of private property entirely. No economy is "pure," which is why Marx focused on developing dialectical materialism as a frame of analysis. Your analysis is metaphysical in nature.

Further, public ownership would imply that it is an expression of the will of the people; obviously this is incongruent with what is effectively an extension of feudalism and not genuine communism nor socialism.

Can you elaborate? I gave a large and well-sourced explanation of China's economy and democratic structures. China does not have a class of lords, nor peasantry that pay their lords tribute in the form of agrarian goods like rice using parceled out land. This argument of yours is absurd.

Lets not forget those massacred at Tianaman or the Uyguhrs or the Taiwanese… Im sure they have thoughts about how glorious the CPC is too

Let's indeed not forget the few hundred deaths in Beijing on June 4th, 1989, and not forget the students on Tian'anmen Square itself that were peacefully dispersed, which even Wikipedia agrees on.

Let's not forget Xinjiang either. In the case of Xinjiang, the area is crucial in the Belt and Road Initiative, so the west backed sepratist groups in order to destabilize the region. China responded with vocational programs and de-radicalization efforts, which the west then twisted into claims of "genocide." Nevermind that the west responds to seperatism with mass violence, and thus re-education programs focused on rehabilitation are far more humane, the tool was used both for outright violence by the west into a useful narrative to feed its own citizens.

The best and most comprehensive resource I have seen so far is Qiao Collective's Xinjiang: A Resource and Report Compilation. Qiao Collective is explicitly pro-PRC, but this is an extremely comprehensive write-up of the entire background of the events, the timeline of reports, and real and fake claims.

I also recommend reading the UN report and China's response to it. These are the most relevant accusations and responses without delving into straight up fantasy like Adrian Zenz, professional propagandist for the Victims of Communism Foundation, does.

Tourists do go to Xinjiang all the time as well. You can watch videos like this one on YouTube, though it obviously isn't going to be a comprehensive view of a complex situation like this.

Let's not forget Taiwan, either, where the nationalists that fled the mainland and slaughtered domestic resistance in the White Terror have solidified.

You have no points.

this post was submitted on 03 Feb 2026
306 points (99.7% liked)

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