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.

  • ZeroHora@lemmy.ml
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    24 hours ago

    In the topic of China and imperialism vs anti-imperialism you starting talking about Canada like the only place that matter and I need to care about it? What?

    You started this shit with the quote, which you clearly don’t know what militant is or you miss read it as MILITARY

    I would rather China take a more millitant anti-imperialist stance than their current passive stance.

    And you try to wriggle your justification of equating imperialism vs anti imperialism and justifying it by it’s the human nature to want power, which is bullshit, the only thing that I saw philosophers and social scientist and behaviour studies say about human nature is the desire to have control of their own lives, nothing close or relate to power.

    Au revoir my special friend.

    kys

    • RaskolnikovsAxe@lemmy.ca
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      23 hours ago

      If you’re not Canadian why would I care what you think or do, and why would I waste energy on a discussion that is personally insulting?

      kys

      Oh yeah you’re a real decent human.

      • ZeroHora@lemmy.ml
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        23 hours ago

        You’re the one that keeping replying bro.

        If you’re not Canadian why would I care what you think or do

        That’s why I hate liberals they only care about their own personal freedoms and private property.

        Oh yeah you’re a real decent human.

        I’m only respond in the properly tone of your smugness debatelord.