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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.

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[-] RiverRock@lemmy.ml 12 points 5 hours ago* (last edited 5 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 blatant, lazy ignorance gets checked

this post was submitted on 03 Feb 2026
261 points (99.6% liked)

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