The European Union is urging China to revoke sanctions on two Lithuanian banks. Beijing announced the measures in retaliation for EU penalties on two Chinese lenders.
The Lithuanian banks do not operate in China , The Baltic nation has drawn China’s ire for years. Beijing expelled Lithuania’s ambassador in 2021 in response to Lithuania allowing Taiwan to open a liaison office in Vilnius, the Lithuanian capital.
Guess this is more an attempt of bullying a European country than economic sanctions based on reasonable ground. It’s somewhat ridiculous, but the Chinese government shows once again that it is an unreliable partner.
Guess this is more an attempt of bullying a European country than economic sanctions based on reasonable ground. It’s somewhat ridiculous, but the Chinese government shows once again that it is an unreliable partner.