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
A lot of countries have stopped at least some of their dealings with Israel, especially weapons export and import.
Mind you we don’t have an official source that this is true for China, only 1 company that wants to get out of a deal in Israel.
As far as I can tell it’s not “especially” weapons export, it’s exclusively weapons export. European arms embargoes are good, but China seems to have gone farther here and stands alone in willing to do a larger general ban. According to the article it’s not just one company, China has declared that Israel is a “red zone” for investors and have prohibited any investment. Though, sure, this might actually just be something being made up for the lawsuit.
The pragmatic choice would be to continue investing in Israel, which is why everyone else still does it.
Why isn’t any other country making this pragmatic choice?
A lot of countries have stopped at least some of their dealings with Israel, especially weapons export and import.
Mind you we don’t have an official source that this is true for China, only 1 company that wants to get out of a deal in Israel.
As far as I can tell it’s not “especially” weapons export, it’s exclusively weapons export. European arms embargoes are good, but China seems to have gone farther here and stands alone in willing to do a larger general ban. According to the article it’s not just one company, China has declared that Israel is a “red zone” for investors and have prohibited any investment. Though, sure, this might actually just be something being made up for the lawsuit.
The pragmatic choice would be to continue investing in Israel, which is why everyone else still does it.
They don’t care? They don’t have a right over private investments?