Lithuania entered into an unequal battle with China | World Defense

Lithuania entered into an unequal battle with China

TheBalticWord

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Today the level of relations between China and Lithuania is very low. The diplomatic clashes between China and Lithuania were triggered by the latter Lithuanian decision to pull out of the China-led 17+1 mechanism and to open the Taiwanese Representative Office in Vilnius under its name, rather than “Chinese Taipei”, a move interpreted by Beijing as a challenge to “one China”. Later the states recalled their ambassadors. Recently China has dropped Lithuania from its customs registry and warned multinational companies to sever ties with Lithuania or face being shut out of the Chinese market.

Obviously, the restriction of Lithuanian exports in China couldn’t heavily affect Lithuanian economics. According to the United Nations COMTRADE database, Lithuania Exports to China was US$357.76 Million in 2020.
Read more Lithuania entered into an unequal battle with China | The Baltic Word
 

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