Kernow Damo

China Pulls Plug on Israel’s Money - And They’re Freaking Out


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China has officially blocked new investment into Israel, freezing money mid-deal and triggering panic inside Israel’s economy as genocide drags on. Right, so China has just cut Israel off from getting any more money, and it didn’t even bother telling anyone first. A Chinese fund has gone into an Israeli court and said their deal with the blue and white state is dead because Beijing now treats Israel as too dangerous to invest in. Not controversial. Not debated. Just blocked entirely. And that quietly blows a hole in the one thing Israel has always depended on, which is the idea that it can keep fighting and the economy just keeps ticking like nothing’s changed. That only works if investors believe the war ends soon. China doesn’t. So the money doesn’t move. And here’s the part people haven’t clocked yet: when capital stops believing the violence is temporary, it doesn’t come back with reassurance, it disappears without drama. Deals don’t finish. Projects don’t start. Losses don’t show up as crashes, they show up as absences. That’s what’s started happening. And once that machine switches off, it doesn’t switch back on just because people shout about it. And Israel very much is. Right, so China has done something very specific, and it has already entered Israel’s legal system much to their despair. A Chinese investment fund called Ballet Vision has told the Tel Aviv District Court that it cannot proceed with new investment in Israel because the Chinese government has classified Israel as a high-risk zone and prohibited new Chinese investment. That statement is a constraint placed on the record in a live lawsuit, and it immediately stops money that was expected to move from moving at all. Ballet Vision controls eighty per cent of an Israeli company called Hanita Lenses, an intraocular lens manufacturer based at Kibbutz Hanita in northern Israel. The kibbutz sold most of the company to the fund in 2021 for thirty-five million dollars, with twenty-five million paid directly to members of the settlement and the rest invested into the business. The deal included an option for Ballet Vision to purchase the remaining shares later.

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Kernow DamoBy Damien Willey