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Chinese sanctions hit Lithuania

beijingwalker

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Chinese sanctions hit Lithuania

Bethany Allen-Ebrahimian

Dec 22, 2021

The Chinese government is demanding that multinational firms cut ties with Lithuania or else lose access to China's markets, after the Baltic state allowed Taiwan to open an unofficial representative's office there.

Why it matters: Beijing is beginning to implement a de facto sanctions regime to enforce its geopolitical interests around the globe.

The big picture: Though China's pressure lacks the global heft of U.S. financial sanctions, China's economy has become so large that many companies, and countries, see it as vital — making denial of access to that market a serious threat.

  • Unlike U.S. sanctions, which are publicly announced de jure sanctions typically enacted to uphold multilateral principles such as countering weapons proliferation and funding for terrorism, China's unfolding sanctions regime is opaque and usually deployed to uphold its narrow political interests.
What's happening: Lithuanian government officials and industry representatives told Reuters that China was pressuring multinational firms that do business with China to cut Lithuanian products out of their supply chains.

  • German car company Continental, which has facilities in Lithuania and sells parts to China, is one company that has faced direct pressure from China, according to Reuters.
  • Lithuania's diplomats and their families (and at least one cat) evacuated China last week after authorities demanded they turn in their diplomatic IDs, raising fears that Beijing might strip them of immunity.
 
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These stupid sanctions started by usa to influence others are making global isolation soon there will be no market which is sanctioned result will be no bussiness peopl will indulge in civil wars
 
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Unlike U.S. sanctions, which are publicly announced de jure sanctions typically enacted to uphold multilateral principles such as countering weapons proliferation and funding for terrorism, China's unfolding sanctions regime is opaque and usually deployed to uphold its narrow political interests.

"American sanctions are for the benefit of global peace and humanity while China's sanctions are only for the benefit of its petty nationalistic goals" LMAO What a crock of shit. The hypocrisy is through the roof.
 
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Chinese sanctions hit Lithuania
Bethany Allen-Ebrahimian
Dec 22, 2021

The Chinese government is demanding that multinational firms cut ties with Lithuania or else lose access to China's markets, after the Baltic state allowed Taiwan to open an unofficial representative's office there.

Why it matters: Beijing is beginning to implement a de facto sanctions regime to enforce its geopolitical interests around the globe.

The big picture: Though China's pressure lacks the global heft of U.S. financial sanctions, China's economy has become so large that many companies, and countries, see it as vital — making denial of access to that market a serious threat.

  • Unlike U.S. sanctions, which are publicly announced de jure sanctions typically enacted to uphold multilateral principles such as countering weapons proliferation and funding for terrorism, China's unfolding sanctions regime is opaque and usually deployed to uphold its narrow political interests.
What's happening: Lithuanian government officials and industry representatives told Reuters that China was pressuring multinational firms that do business with China to cut Lithuanian products out of their supply chains.

  • German car company Continental, which has facilities in Lithuania and sells parts to China, is one company that has faced direct pressure from China, according to Reuters.
  • Lithuania's diplomats and their families (and at least one cat) evacuated China last week after authorities demanded they turn in their diplomatic IDs, raising fears that Beijing might strip them of immunity.

How dare you China, only Anglosaxon Empire is allowed to use sanctions :sarcastic:
 
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Why is china so upset with Lithuania? I think Lithuania still has one china policy but allowed Taiwan to set up an office for trade purposes. Lot of countries do that. Don't they ?
 
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Why is china so upset with Lithuania? I think Lithuania still has one china policy but allowed Taiwan to set up an office for trade purposes. Lot of countries do that. Don't they ?

The diplomatic protocol is "Chinese Taipei". Lithuania is the only country insisting in using "Taiwan".
 
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The diplomatic protocol is "Chinese Taipei". Lithuania is the only country insisting in using "Taiwan".

Lithuania can do as it pleases and will not bow to China. Its that easy. The EU will most likely strike back anyways. Its high time to show China the red line.
 
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Lithuania can do as it pleases and will not bow to China. Its that easy. The EU will most likely strike back anyways. Its high time to show China the red line.

ok. may the strongest win. good luck lol.
 
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A bunch of midgets and lackeys are stronger than a highly unified China? Not a good joke.

EU is chinas biggest Business partner. Does Xi know how you talk? After all they even arrested chinese who insulted Greece and Xi is on a "harmony" trip with Europe.
 
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Its a simple fact. EU is worlds greatest market with gigantic global connections.

The three main markets are USA, EU and China. China and USA are enemies. EU can play them both

EU GDP estimated 2021: $15.6 trillion USD

China GDP first half 2021: $8.23 trillion USD. Typically 2nd half is stronger than 1st half. So we'd expect $17 trillion this year.

But the difference is, EU isn't Eurozone. Non-eurozone isn't really part of the EU economy.

Eurozone is only $13 trillion USD.
EU is chinas biggest Business partner. Does Xi know how you talk? After all they even arrested chinese who insulted Greece and Xi is on a "harmony" trip with Europe.

never heard of that happening.

its actually the opposite: anti-Chinese protestors in Greece are the ones getting arrested.
 
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