Against the backdrop of Chinese pressure, a senior executive of Germany’s Continental Group had revealed that the group would continue to invest in a factory in Lithuania, Reuters reported on Feb. 18.
The head of Continental’s Lithuanian plant, Shayan Ali, told local newspaper Verslo Zinios that the company’s investment plans had not changed.
Ali said, “Our plans in Lithuania are the same as we stated at the beginning—1,500 jobs and over $210 million investments.”
Asked about trade pressure from China, Ali said that the factory “was undoubtedly affected by the changing situation, we did all we can to adapt to changing circumstances.”
The Hill published an opinion piece by John Shimkus, American Congressman and co-founder of the bipartisan Baltic Caucus, and Jan Surotchak, Senior Director for Transatlantic Strategy. They said that if it is true that China’s regime has imposed an embargo on Lithuania’s imports and exports, it would be a direct violation of international trade law.
In January, the European Union, supported by the United States, Australia, and Taiwan itself, launched a trade case against the Chinese Communist Party at the World Trade Organization over Beijing’s alleged trade restrictions on Lithuania.