The Baltic states may be on high alert for a possible Russian attack on Ukraine, but Lithuania has another battle on its hands. The tiny country picked a political fight with China over the naming of its new, de facto Taiwanese embassy. The move has become costly in terms of trade not just for Lithuania, but for the entire European Union.
German and Chinese companies are abandoning Lithuania by relocating their production or sourcing products from elsewhere to avert risks, as the Baltic country’s mistake on the Taiwan question continues to spark tension with China and pose risks for global businesses, firms told the Global Times on Wednesday.