China may have found a way to really hurt Lithuania after they opened the "Taiwan" office:
China is definitely stepping up the pressure. If this works, perhaps China will use this technique against other countries as well.
Lithuania says China has told multinationals to boycott Vilnius over Taiwan row | The IndependentLithuania’s direct trade with China is minor, but its export-based economy is home to hundreds of firm that make goods such as furniture, food and clothing for multinationals that sell to China.
Chinese investment in Lithuania was estimated to be around just £70m last year, according to the Central and Eastern Europe Centre for Asian Studies. This amounts to around 0.4 per cent of Lithuania’s total foreign direct investment.
The United Nations COMTRADE database on international trade shows China’s exports to Lithuania reached £1bn in 2020, while China imported Lithuanian goods were worth £258m.
The Lithuanian Confederation of Industrialists, which represents thousands of firms, said some multinationals that buy goods from local suppliers were being targeted by China.
“This week was the first time we saw direct Chinese pressure on a supplier to drop Lithuanian-made goods,” said Vidmantas Janulevicius, the Confederation president. “Previously, we only had threats it could happen, now they became reality.”
China is definitely stepping up the pressure. If this works, perhaps China will use this technique against other countries as well.