China bans “new investments” in ‘Israel’ for fear of security
A Chinese investment fund has claimed that the Beijing government has imposed a prohibition on new investments in ‘Israel’, reports on Hebrew media say.
The news emerged amid a lawsuit filed by members of Kibbutz Hanita against Ballet Vision, a Chinese-controlled fund that holds an 80% stake in Hanita Lenses, an intraocular lens manufacturing plant located near ‘Israel's’ northern border, according to Roya News website, which focuses on Palestine-related news.
The kibbutz is seeking approximately $11 million, accusing the fund of failing to exercise an option to purchase their remaining shares, as stipulated in a prior agreement.
According to a response letter from Ballet Vision attached to the lawsuit, the Chinese government has classified 'Israel' as a "high-risk area" or "red category" due to the ongoing situation in the region, specifically since Oct. 7, 2026.