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.

  • Cowbee [he/they]@lemmy.ml
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    5 hours ago

    Are you saying the PRC isn’t socialist because it trades with other countries? Or are you equating trade with the sheer plunder committed by the west towards the global south?

      • Cowbee [he/they]@lemmy.ml
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        4 hours ago

        China owns a factory in Israel, sure. Is your argument that they are imperializing Israeli proletarians? Is it imperialist to own factories in other countries, regardless of the nature of the relations themselves? I can absolutely accept valid criticism of the PRC, you’ll notice I’m not really pushing back against those disappointed with how long China is taking to sever economic ties with Israel. However, critique doesn’t have merit purely for existing.

        Not sure what you mean by “jeopardizing that paycheck,” if you’re insinuating I get paid to be a communist then I can only say that I wish that were the case. Instead, I pay dues out of my own actual paycheck from the job I work.

        • prole@lemmy.blahaj.zone
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          3 hours ago

          Anyone who is incapable of even the most mildest of criticisms about a subject cannot be trusted about the subject.

          • Cowbee [he/they]@lemmy.ml
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            3 hours ago

            Cool, I don’t see how that applies here. I’m plenty critical of China for valid reasons, such as their presently poor LGBTQIA+ legislation (though it has been gradually improving) or their backing of Cambodia over Vietnam back during the time of Pol Pot. Your “criticisms,” more often than not, aren’t logically justified.

      • RiverRock@lemmy.ml
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        4 hours ago

        It’s really sad how you guys literally can’t imagine holding an opinion without being paid for it

        • prole@lemmy.blahaj.zone
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          3 hours ago

          Oh no, I absolutely can. What I cannot do is trust anyone who is literally incapable of even mild criticism of a world superpower (who has inarguably done some not so great things).

          I’m not sure if you’re familiar with this person or not, but it’s uncanny.

          • RiverRock@lemmy.ml
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            3 hours ago

            incapable of even mild criticism

            Oh okay, so you’re just saying shit. If you look at their profile, you’ll see legitimate criticism galore. Look at any communist space and you will find ruthless critique of all that exists. What you will not find is breathless repetition of easily disproven atrocity propaganda of the type the US has been fooling rubes with for two hundred years. Liberals and “leftists” tend to mistake the two.

            Fascist: “I was banned for a simple difference of opinion! These liberals can’t handle disagreement!” (The disagreement was over who is human and who should be killed)

            Liberal: “I was flamed just for criticizing China! These communists can’t handle criticism!” (The criticism is just the same baseless reheated imperial tripe every communist has seen and debunked 4 million times)

            The resemblance is uncanny. You guys always hide behind the veil of “I’m just criticizing bro” when your lazy ignorance gets checked