China Takes Lithuania as an Economic Hostage

China Takes Lithuania as an Economic Hostage
(AP Photo/Mark Schiefelbein)

In 2020 Lithuania exported goods worth $350 million to China—an increase over previous years but peanuts in overall trade. Lithuania has long imported far more from China than vice versa; last year, about four times as much. So Lithuania’s government perhaps calculated that the country’s economy could handle whatever retaliation China inflicted for the gesture to Taiwan.

 

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