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’re insulting to me and my family, you know nothing about me, and we’ve strayed pretty far from the point, which was that any ideological regime given unchecked power will with very high likelihood eventually abuse it to spread their beliefs.
There isn’t any good faith left here. I didn’t attack you personally, and I don’t appreciate it from you.
Thankfully, as I said in another comment, although I strongly disagree with many aspects of how my country is organized, I doubt your view of how to organize a country will get much purchase here, other than the aspects which are beneficial and which we attempted to integrate, to our benefit. In fact I’m not even sure you’re Canadian so this suggests we have even less of a reason to carry on this discussion.
Have a great weekend, try not to hate your fellow countrymen, or indeed humanity itself, too much. You’re supposed to be presenting a morally enlightened regime after all. Not off to a great start.
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.
I didn’t, which is why I don’t see why I should care.
Uh yeah, and you think that China is superior and the rest of the world is full of failed humans and failed states. There is no good faith here. Why do you care to defend yourself or convince others?
We’re talking past each other, as I’ve said to many others on this topic. I’m willing to acknowledge all kinds of great things about China, including the decision in this article, but I’m fairly certain there is no reciprocity and in fact I’m sure you cover your eyes to many of China’s failings.
But I don’t need to impress you, I’ve got a great life, a good family and a job that makes me happy. Try as you might, you just don’t matter to me, which is why I said we should both just move on.
You have read nothing I wrote. You twisted to talking about China and Canada when that was never the topic. You are either a complete fool or have been arguing in bad faith from the beginning (most likely a bit from a and a bit from b) I hope you reflect and better yourself in the future.