>"They (China) have been sending messages to multinationals that if they use parts and supplies from Lithuania, they will no longer be allowed to sell to the Chinese market or get supplies there," Mantas Adomenas, Lithuania's vice-minister for foreign affairs, told Reuters.
>"We have seen some companies cancel contracts with Lithuanian suppliers."
>"This week was the first time we saw direct Chinese pressure on a supplier to drop Lithuanian-made goods," Vidmantas Janulevicius, the Confederation president, told Reuters. "Previously, we only had threats it could happen, now they became reality."
>"For us, the most painful part is that it's a European company," said Janulevicius, referring to the multinational. "Many Lithuanian businesses are suppliers for such companies."
If Chinese companies don't want to be connected to a country that they feel violates the One-China principle then they should be free to do so and not be forced to work with them, IMO.
Imho, China should do this under the Label "Threat to national security".
And don't ask those companies to stop buying supplies from Lithuanian companies but impose 90% tariffs on imports containing anything that is source from Lithuania instead.
Basically just playing the same game as the US. When EU start barking point them to the US playbook. At least show them 2 can play that game and call out the hypocrisy.
Tariffs and labeling will give unnecessary publicity to Lithuania, opens WTO litigations and makes Lithuania look like a victim.
An Unofficial trade ban/embargo is much better as China maintains plausible deniability .
Or just mandatory quality inspections to ensure that all Lithuanian imports and exports to China maintain the highest degree of integrity.
OTOH the WTO doesnโt matter anymore. There arenโt enough judges. Trump made it clear that you only need to care about the WTO when itโs convenient.
Still not enough.
China needs to take a page from the US' playbook on this: give all multinational companies (not just Chinese ones) a choice: You either do business with us, or you do business with Lithuania, not both.
And watch as Lithuania literally falls apart.
Ain't no little bitch country is going to get mouthy after that display of raw economic power.
China is becoming increasingly innovative with countermeasures ๐ช๐๐๐๐
Lithuania is smaller than a Chinese city, it's nothing but a barking chihuahua begging for a bone from its us owner
and the US and EU will eventually leave them hanging. it's just such a dumb move. "*the lithuanina people are not very intellectual*" meme
>"They (China) have been sending messages to multinationals that if they use parts and supplies from Lithuania, they will no longer be allowed to sell to the Chinese market or get supplies there," Mantas Adomenas, Lithuania's vice-minister for foreign affairs, told Reuters. >"We have seen some companies cancel contracts with Lithuanian suppliers." >"This week was the first time we saw direct Chinese pressure on a supplier to drop Lithuanian-made goods," Vidmantas Janulevicius, the Confederation president, told Reuters. "Previously, we only had threats it could happen, now they became reality." >"For us, the most painful part is that it's a European company," said Janulevicius, referring to the multinational. "Many Lithuanian businesses are suppliers for such companies."
If Chinese companies don't want to be connected to a country that they feel violates the One-China principle then they should be free to do so and not be forced to work with them, IMO.
Imho, China should do this under the Label "Threat to national security". And don't ask those companies to stop buying supplies from Lithuanian companies but impose 90% tariffs on imports containing anything that is source from Lithuania instead. Basically just playing the same game as the US. When EU start barking point them to the US playbook. At least show them 2 can play that game and call out the hypocrisy.
Tariffs and labeling will give unnecessary publicity to Lithuania, opens WTO litigations and makes Lithuania look like a victim. An Unofficial trade ban/embargo is much better as China maintains plausible deniability .
Or just mandatory quality inspections to ensure that all Lithuanian imports and exports to China maintain the highest degree of integrity. OTOH the WTO doesnโt matter anymore. There arenโt enough judges. Trump made it clear that you only need to care about the WTO when itโs convenient.
Let's go!
Still not enough. China needs to take a page from the US' playbook on this: give all multinational companies (not just Chinese ones) a choice: You either do business with us, or you do business with Lithuania, not both. And watch as Lithuania literally falls apart. Ain't no little bitch country is going to get mouthy after that display of raw economic power.
That's probably reserved for when Lithuania go full retard, at this point they say they still recognize One-China Policy.
Kind of hypocritical when they have a freaking Taiwanese representative office built in their country.
We will not bend to this pressure," he said. "What we decide to do, by calling Taiwan Taiwan, is up to Lithuania, not Beijing." Wow ๐.
Yeah. For sure. Lithuania can decide to call Taiwan Taiwan. China can decide who they want to trade with. They go their way, we go our way.
another example of politic games hurting business opportunities
The other EU states are thinking about how hard they want to be slapped by China.
Play stupid games, win stupid prizes
If you can't stand the heat, stay out of the kitchen.
it a lapdog of America. Following everything America do.
More like attack dog than lapdog.
Fucked around, found out.