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China bans all new investments in Israel (thelemmy.club)

submitted 2 days ago by Yuritopiaposadism@hexbear.net to c/chapotraphouse@hexbear.net

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[-] dead@hexbear.net 41 points 1 day ago

This is fake news. The article is quoting Ynet, which is an Israeli news website. It puts 'China bans all new investments in Israel' because that statement is according to some Israeli person.

The title should say 'China bans all new investments in Israel, according to some Israeli CEO'. It reads like the typical Israel persecution complex.

https://www.ynetnews.com/business/article/skeqnl08wg

[-] kristina@hexbear.net 92 points 1 day ago

Maybe Iran told China not to come to school tomorrow

[-] Johnny_Arson@hexbear.net 47 points 1 day ago

inshallah-script

[-] AOCapitulator@hexbear.net 16 points 1 day ago* (last edited 1 day ago)

funniest possible way to put it lmao

[-] D61@hexbear.net 58 points 1 day ago

isntrael "Do you wanna buy this thing?"

china-stars "Nope"

isntrael "Shit!" smashes the lawsuit button repeatedly

[-] FlakesBongler@hexbear.net 46 points 1 day ago

It's actually really antisemitic to not invest in us

[-] fort_burp@feddit.nl 4 points 1 day ago

It's actually really antisemitic to not exercise your options contract in our favor.

[-] Wheaties@hexbear.net 9 points 1 day ago* (last edited 1 day ago)

Does kinda seem like if it wasn't actually policy before, it's gonna become so. Or, at least, scare off enough potential investors that it might as well be.

[-] glimmer_twin@hexbear.net 49 points 1 day ago

I have been highly critical of china on israel (amongst other geopolitical things), but this is welcome. Whether it’s actual state policy, or whether israel is just so toxic for investment that this is the market in action, either is good news for palestine - and I welcome it.

[-] purpleworm@hexbear.net 62 points 2 days ago* (last edited 1 day ago)

Would not remotely make up for the past few years (nor the past few decades), but it would still be good news

[-] novibe@lemmy.ml 1 points 15 minutes ago

Foreign policy and trade in China was controlled by neolibs since Deng took power. Only in the most recent Xi years have the neolibs been taken out. We’ll see a very different China foreign policy-wise in the next few years.

[-] purpleworm@hexbear.net 1 points 1 minute ago

So you're saying that for the past 10+ years he's been extremely soft on Israel as a concession to domestic neolibs and this is actually a signal that he doesn't need to make such concessions anymore?

[-] Carl@hexbear.net 43 points 1 day ago* (last edited 1 day ago)

A sea change in Chinese policy towards actually doing good shit would be great, but they'd need to commit to it for a while to make up for the decades of not doing that.

edit: to be clear I agree that I don't think this indicates a sea change, I'm just saying it would be great if one happened

[-] purpleworm@hexbear.net 29 points 1 day ago

I don't think it's a sea change in China's policy, it's a sea change in circumstances that they are responding to. We have no reason to believe China will be more proactive in the future, I'm just glad to see more bad things happen to Israel.

[-] QinShiHuangsShlong@hexbear.net 29 points 1 day ago

The CPC allowing trade with the Zionist entity was bad but people always treat it like they were supporting them and seem to forget that the axis of resistance was also massively funded and supplied by them at the same time.

[-] InexplicableLunchFiend@hexbear.net 24 points 1 day ago* (last edited 1 day ago)

I mean, they were supporting Israel by keeping its economy afloat when they could single-handedly nuke it into the ground. Every breach of BDS is support of genocide, it really is that simple.

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[-] BeanisBrain@hexbear.net 18 points 1 day ago

both-sides

[-] Gucci_Minh@hexbear.net 15 points 1 day ago

Type 69 tanks for Iraq <-> Type 69 tanks for Iran

same-picture

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[-] LeeeroooyJeeenkiiins@hexbear.net 44 points 1 day ago

Me, holding a gun to your head trying to force you to buy shit: WHAT THE FUCK IS WRONG WITH YOU DON'T YOU VALUE FREE EXCHANGE

[-] miz@hexbear.net 21 points 1 day ago

headline might be better if it said the zionist entity claims a China ban because the only source in the screenshot seems to be the zionists

[-] ZeroHora@lemmy.ml 41 points 1 day ago* (last edited 1 day ago)

Chinese government ban on new investments in Israel since the war

I'm confused, when the ban happened?

[-] thethirdgracchi@hexbear.net 51 points 1 day ago

Since the "war" in Gaza began, China hasn't "banned" any investment to Israel. Like the soft-ban on American rare earth metal exports, there's no "ban" at all. What happens is the proper forms to get the investment pushed through get "lost" or "delayed." Certain inconsistencies are pointed out. Replies from the proper authorities take months, etc etc. It's a plausible deniability ban.

[-] thethirdgracchi@hexbear.net 26 points 1 day ago

For context on this:

"In recent weeks, companies in the hi-tech sector have complained about delays in shipments from China of dual-use components. In all the checks we conducted with official bodies, it appears that there is no change in regulations, but rather enforcement that was not practiced in the past. Such technical requests create bureaucratic hurdles," a government official told Ynet.

"The Chinese are imposing a kind of sanction on us. They don't officially declare it, but they are delaying shipments to Israel," a senior figure in one of the factories told Ynet. "They have various excuses and pretexts, such as requiring suppliers from China to obtain export licenses to Israel that did not exist before. Additionally, they demand that we fill out numerous forms, causing significant delays. This has never happened to us before. We are talking about many different types of components. In electronic products, there are tens of thousands of components, but if even one component doesn't arrive, we cannot deliver the product."

Note the date, this article is from 2023, so these kinds of soft bans have been ongoing for years. Per https://www.ynetnews.com/business/article/b1ze7rrda

[-] CornWoman@hexbear.net 12 points 1 day ago

If only they could ban all current investments...

[-] red_giant@hexbear.net 36 points 1 day ago

Isn’t the entire point of an option that it may or may not be exercised?

Isn’t that why it’s called an option?

[-] QinShiHuangsShlong@hexbear.net 35 points 1 day ago

They're too used to dealing with the burger Reich where not maximizing shareholder value at the expense of all else is a crime.

[-] ClathrateG@hexbear.net 27 points 1 day ago* (last edited 1 day ago)

A bit late, but better than nothing(their response in general as been disappointing imo, but still better than actively supporting the genocide like those non-authoritarian democracies)

[-] itsaphoque@moist.catsweat.com 20 points 1 day ago

Better than nothing, but it's still disappointing that China did business with isn't real in the first place.

[-] stink@lemmygrad.ml 4 points 1 day ago

China basically loaned the US money for the war on terror, they bought the largest sum of treasury bonds during that time.

[-] Awoo@hexbear.net 14 points 1 day ago* (last edited 1 day ago)

Is this a pre-emptive warning shot over what's about to go down with Iran?

[-] edie@lemmy.encryptionin.space 8 points 1 day ago

https://www.ynetnews.com/business/article/skeqnl08wg

Second paragraph, just below where the image cuts off:

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.

ⓘ This user is suspected of being a cat. Please report any suspicious behavior.

[-] umbrella@lemmy.ml 2 points 1 day ago* (last edited 1 day ago)

ok, now cut all the old ones.

[-] electric_nan@lemmy.ml 2 points 1 day ago

Now??

[-] GoodGuyWithACat@hexbear.net 51 points 1 day ago

My cynical take is that Pissrael is simply to volatile for China to want to invest in a high tech sector. Which is still relatively good, but maybe not reflecting policy change as much as business interests.