332

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.

you are viewing a single comment's thread
view the rest of the comments
[-] QinShiHuangsShlong@lemmy.ml 7 points 2 days ago

What made you think I was Canadian? I never claimed to be? What the fuck are you talking about? I'm Chinese in China all my life. I would never want to be a white settler colonist American dog Canadian. Your country is founded on war crimes and genocide. After world war 2 Canada accepted anyone who had an SS tattoo. Canada like America is a Nazi state who perpetuate the largest immiseration machine in human history on the global south 24/7. I will never stop saying death to Amerikkka, death to Kkklanada, death to the imperial core until my brother's and sisters of the global South are emancipated and liberated from the brutal imperial and neocolonial machine. You can be offended by that but know that your offense comes from your immense privilege, all your treats your "social democracy" is funded and built upon the mass pillaging of the global south and extraction of superprofits. Read a book and stop being such an arrogant insufferable privileged liberal. You know nothing of our struggles, nothing of our beliefs, nothing of our lives and you don't want to know because it's easier to just wallow in centrism providing endless "critique" with no action or solutions.

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

World News

39264 readers
460 users here now

News from around the world!

Rules:

founded 6 years ago
MODERATORS