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.
Kmt does not represent Taiwan. That are recent immigrants from China
I don’t think they should be representative of Taiwan either, but if you ask your average American or liberal about Taiwan’s history in the 20th century, they’ll tell you a story that paints the KMT as heroic resistance underdog fighters instead of the rapacious occupiers they were. It’s insane how propagandized people are about a conflict they know nothing about. I swear some of them think that modern Taiwan is some ancient country that’s been fighting against evil Vhina for a thousand years and not the American creation of a war less than a century old.