Heard on the Street: The trade conflict between China and Lithuania is highlighting some interesting truths about the modern global economy
International relations is full of David and Goliath stories right now—most notably Ukraine and Russia—but one of the most interesting ones has gone largely unnoticed by the U.S. public, and carries lessons for the global economy.
In mid-2021 the small Baltic republic of Lithuania—a European Union member and former Soviet satellite—to open a local representative office with “Taiwan” in the name. Most countries with friendly but unofficial relations with Taiwan have long used “Taipei” instead to avoid provoking Beijing, which claims the self-ruled island as its own. China responded by restricting Lithuanian imports and exports in late 2021—and eventually targeting supply chains that run through it.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
GOP Rep. Waltz Calls to 'Defund' China -- If You See ‘Made in China,’ Put It DownDuring this week's Fox News Channel broadcast of 'Sunday Night in America,' Rep. Michael Waltz (R-FL) pushed for corporations and industries in the United States to 'defund' China. | Clips
Les mer »
China bank customers to get deposits back after protestsFinancial regulators in central China's Henan and Anhui provinces have promised to give some bank customers some of their deposits back after they staged protests over having their accounts frozen.
Les mer »
Steel Price refreshes yearly low below $600 even as covid probes China productionSteel Price refreshes yearly low below $600 even as covid probes China production – by anilpanchal7 Metals China Inflation Coronavirus Recession
Les mer »
India to surpass China as world's most populous country in 2023, UN projectsThe world's population will reach 8 billion by Nov. 15, and 9.7 billion in 2050, but the global population is growing at its slowest pace since 1950 due to decreasing fertility rates in many countries.
Les mer »
China to place electronic tags on COVID-19 patients in Hong KongHong Kong announced a mandate of electronic tracking bracelets for COVID-19 patients quarantined in their homes Monday, an effort to curb the spread of the virus that officials insist will not infringe on civil liberties.
Les mer »
US warns it will defend ally if China breaks sea rulingSec. of State Antony Blinken warned that Washington is obligated to defend treaty ally Philippines if its forces, vessels or aircraft come under attack in the disputed waters of the South China Sea.
Les mer »