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'The Chinese government bans all new investment in Israel'

image sourced from original article at https://www.ynetnews.com/business/article/skeqnl08wg

The Chinese government has imposed a ban on all new investments in Israel, classifying the country as a high-risk zone since the outbreak of war. This restriction is at the heart of a legal dispute between members of Kibbutz Hanita and Ballet Vision, a Chinese fund that controls the majority of the Hanita Lenses plant. The kibbutz is seeking $11 million, claiming the fund is refusing to honor an agreement to purchase their remaining shares, citing both the investment ban and significant operational losses at the company. The kibbutz argues that the funds are urgently needed for rehabilitation after years of hardship and that their role in company management has been marginalized. The Chinese fund maintains that, due to government restrictions and financial difficulties, it cannot proceed with the purchase at this time.

Original article source: https://www.ynetnews.com/business/article/skeqnl08wg
Source Id: 2026-02-968218390

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