China-Lithuania tension: German firms may have to shut Baltic factories

German businesses have warned that China’s attempts to target Lithuania over its relationship with Taiwan could be a “devastating own goal” as it forces decoupling on “politically disagreeable” partners.Beijing has denied that it is targeting multinational companies to discourage them from using Lithuanian-produced parts, but business groups said Beijing was carrying out a “trade boycott with repercussions throughout the EU” and warned that German firms may be forced to close manufacturing…

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