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.

  • duelistsage@sh.itjust.works
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    4 hours ago

    Feels like the plot from MGS3 all over again.

    While the US and Russia squabble, China is eating their lunch.

    China does a lot, and I mean a LOT of things wrong. At least they, along with Japan, have been very good at keeping out Zionist/Israeli influence.

    • Gonzako@lemmy.world
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      4 hours ago

      Tho, the latest epstein chat recordings make it a lot harder to believe that the Israeli and the US government are only different in name but led by the same deep state

  • Soulphite@reddthat.com
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    18 hours ago

    Before reading the article I was getting a glimmer of respect that China was having some kind of moral epiphany… but of course it’s only about money.

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

        The PRC is socialist, public ownership is the principle aspect of the economy and the working classes control the state.

        • prole@lemmy.blahaj.zone
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          1 hour ago

          Ah yes, socialism. Well known for profiting off the labor of people making lenses halfway across the planet.

          • Cowbee [he/they]@lemmy.ml
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            59 minutes 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?

            • prole@lemmy.blahaj.zone
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              21 minutes ago

              Trade? Is that what this is? They own it. Read the fucking article.

              You literally cannot accept valid criticism of China without whataboutism.

              I get it, we suck. I agree. Your turn…

              (Although, I wouldn’t want you to jeopardize that paycheck, so whatever you feel comfortable with)

              • RiverRock@lemmy.ml
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                2 minutes ago

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

              • Cowbee [he/they]@lemmy.ml
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                14 minutes 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.

        • PowerCrazy@lemmy.ml
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          11 hours ago

          That’s cool, too bad they are apparently as morally bankrupt as the USA leadership otherwise they would advocate for the utter destruction of israel and the public execution of any Chinese citizen who had ever invested a single Yuan into genocide.

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

            The PRC currently absolutely prioritizes Palestinian statehood, and has directly helped the resistance as well. They do not sell arms to Israel, or tools like drones that could be weaponized. I agree that investing into Israel is morally bankrupt, but it’s important to see that there’s a massive difference between the US Empire, actively funding and supplying genocide, and the PRC, which is non-interventionist and imperfect in their support of Palestine.

            The PRC is not helping the US and Israel disarm the resistance. China has affirmed that Palestinians must control Palestine in their own state, and served as a vital mediator for the 2024 Beijing Declaration, where Fatah and Hamas were brought closer together and the resistance as a whole in Palestine came together to collaborate more closely, alongside China. In the 2024 Beijing Declaration, which China was a core mediator for, it was declared that the resistance must not be disarmed.

            China has consistently only ever veto’d at the security council if it is willing to intervene millitarily in order to protect the veto’d outcome. The PRC has veto’d sanctions on the DPRK, and has enforced that veto by increasing trade with the DPRK. The US Empire has never been stopped by a veto, such as when it was determined to stop shipping arms to Haiti, which the US subverted. China vetoing the UNSC declaration on Palestine would mean mobilizing its army to directly prevent the US’s plans for the region.

            If we look at how resistance orgs responded, they aren’t blaming China. Instead, they have similar analysis to China, that is that the plan itself is unworkable and that they cannot implement it in the first place. China also adhered its best to both the PLO, who endorsed TRUST, and Hamas, the PFLP, etc that oppose TRUST.

            Personally, I would rather China take a more millitant anti-imperialist stance than their current passive stance. There’s good reason to believe this will be the case in the future, as younger generations in China are more millitant and more overwhelmingly pro-Palestine. However, I don’t confuse imperfect allies for enemies, which is the western-leftist mistake you’ve fallen for. You did the same with Hexbear, calling them “transzionist” and claiming they ban critique of contrapoints because she’s trans. The reality is that Hexbear is anti-zionist and pro-trans, and regularly clowns on contrapoints for her awful liberalism.

            China is contributing to a multi-polar world, which undermines Israel and supports Palestine. China’s position in the global stage facilitates south-south trade, which bypasses unequal exchange, where the global north maintains monopolies on high tech industries so as to consistently charge monopoly prices in exchange with the global south. China charges non-monopoly prices, and this is why exchange with China, alongside the rise of the Belt and Road Initiative, has resulted in dramatic development in African and Latin American countries. This is ultimately the single greatest contributor to the downfall of imperialism globally, and is why right now there is such a large cold war with China.

            Your confusion of imperfect allies with enemies is why the western left has continued to fail to meaningfully challenge the status quo. Jones Manoel was correct in Western Marxism Loves Purity and Martyrdom, But Not Real Revolution. Western leftists do the work of the US Empire by making the same mistakes you’ve been making with respect to China, thereby sabotaging allies and making the efforts of the ones actually arming, facilitating, and committing the genocide easier.

            TL;DR join an org. Having a practical outlet to test theory to practice, and directly organize against arming and supporting Israel, is a much better use of your time. It will also help you form a more correct understanding of anti-imperialist struggle.

            • RaskolnikovsAxe@lemmy.ca
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              2 hours ago

              A lot of what you say is reasonable discourse that can be seen as defending a political ideology that you feel strongly contributes to a better world. There’s nothing wrong with that and I commend you.

              But then you say this

              Personally, I would rather China take a more millitant anti-imperialist stance than their current passive stance. There’s good reason to believe this will be the case in the future, as younger generations in China are more millitant…

              and you collapse into the “I’m about to start smashing skulls in the name of my ideology, and I’ll do so until I’ve inadvertently built an empire”.

              So you and your ideological bedmates have decided that you have the moral clarity to decide who gets attacked in the name of anti-imperialism. The world has certainly never heard that angle before, I’m sure you’ll be the first.

              • Lenin's Dumbbell @lemmygrad.ml
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                2 hours ago

                To quote Marx

                We have no compassion, and we ask for no compassion from you. When our time comes, we will make no apologies for the terror

                I couldn’t care less about your moral standards. The exploited have every right to fight back.

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

                There are 3 major problems with your line of logic.

                1. You assume all intervention is violent.
                2. You assume international violence is imperialism, or creates imperialism.
                3. You treat the idea of an actually anti-imperialist framework as an unknowable impossibility.

                For starters, not all intervention means millitary violence. There can be economic intervention, such as sanctions, trade embargoes, or even supplying resistance groups. In fact, the PRC already does some of this, in supporting the Palestinian resistance. My emotional desire for more support in this regard doesn’t rest on the PLA invading Israel.

                With respect to argument 2, international violence is not inherently imperialist. Imperialism is a relationship by which one country economically plunders the resources and surplus value created by other countries. This can be maintained with violence, installing compradors, etc. The PRC isn’t imperialist, and aiding Palestine against Israel would not resort in the creation of new colonies for China.

                With respect to argument 3, you verge into idealism. The idea that Marxism-Leninism isn’t a genuinely anti-imperialist framework needs to be contested based on its merits as an ideology, not based on the idea that flawed ideologies exist. You treat anti-imperialism as something inherently unknowable, ie within the realm of the supernatural, intentionally or not. The truth is that nothing in the universe is truly unknowable, no matter how difficult it is to learn, and treating certain ideas as beyond knowledge just pushes them into the realm of the supernatural.

                All of your arguments are in service of saying the PLA would be evil to provide more direct support to the resistance and take a stronger anti-Zionist stance than they already are, via phrasemongering on your part and linguistic gymnastics.

              • QinShiHuangsShlong@lemmy.ml
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                3 hours ago

                Yes fighting on the side of the exploited against their exploiter is morally just in all instances. It’s easy for you to talk shit from your cushy position in the imperial core. I hope you reflect in the future on the immense privilege you have thanks to the mass immiseration of the global south and do better.

                • RaskolnikovsAxe@lemmy.ca
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                  2 hours ago

                  So you’re not different from your opposition. For sure you’ve got the right answer, and your might will prove it.

                  It’s not about me, it’s about the principle you’re espousing. Also you don’t know anything about me, and presuming you do does nothing for your position.

                  Edit - Are you also asserting China is not or will never be imperialist? How naive can you possibly be?

        • sartalon@lemmy.world
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          14 hours ago

          Wait… wait, are you implying that the working class controls the state in PRC?

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

            Not implying, stating. In China, they have direct elections for local representatives, which elect further “rungs,” laddering to the top. The top then has mass polling and opinion gathering. This combination of top-down and bottom-up democracy ensures effective results. For more on this, see Professor Roland Boer’s Socialism in Power: On the History and Theory of Socialist Governance. The government itself has no capitalists in the top positions either:

            This system has achieved fantastic metrics, such as over 90% of the citizenry supporting the government. This also shows why perceptions around democracy are so much higher in China than the west:

            So yes, the working classes do control the state in China.

              • RiverRock@lemmy.ml
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                12 hours ago

                We have democratic elections in the U.S. too

                Oh, really? When did we start doing that?

              • senseamidmadness@lemmygrad.ml
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                12 hours ago

                You’re not helping yourself here. It seems like you actually know nothing about how China’s government system works. Maybe try to explain it instead of just talking about the US.

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

                The US isn’t democratic, the state is run by capitalists and the two major parties are subservient to capital. You can even see the effects of this with how low approval rates are for the government, and much lower perceptions of democracy. The reason the working classes in China can maintain such strong control over the state is because public ownership is the principle aspect of the economy, and the working class party overthrew the nationalists back in 1949. What part of what I said is “peddling bullshit?”

      • eldavi@lemmy.ml
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        14 hours ago

        capitalism with a very short leash can be useful; what matters is who holds the leash.