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.
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.
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