Members of Kibbutz Hanita are suing the Chinese-controlled Ballet Vision fund for refusing to buy their remaining stake in an intraocular lens plant, citing losses and what it says is a Chinese government ban on new investments in Israel since the war

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.

  • Cowbee [he/they]@lemmy.ml
    8·
    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.