Export drops 90%! Losing everything and being scammed by the US and Taiwan, Lithuania finally admits defeat with deep regret!
Lithuania, with a population of less than 3 million, has paid a heavy economic price over five years due to its wrong move involving Taiwan in 2021. Exports to China have dropped by more than 50% compared to 2021, with some months falling by nearly 90%. The timber, dairy, and laser industries have suffered severe losses. The China-Europe railway route was rerouted, leading to a significant decline in railway freight. Multinational companies, in order to protect their Chinese market, have proactively removed Lithuania from their supply chains, and foreign investment projects have been suspended. The huge investments and chip park promised by the US and Taiwan have turned into nothing, with only a small amount of symbolic funds being allocated. The prime minister admitted the decision was wrong, but has not truly reflected on it. Essentially, it is an inevitable surrender after the failure of speculation, and it also serves as a warning to small countries around the world.
Lithuania's lesson has shattered the illusion that small countries can gain benefits through speculation. Touching the red line of principles for illusory promises has resulted in a sharp drop in exports, industrial stagnation, and the withdrawal of foreign investment, even causing the advantage of the laser industry to miss the world's largest application market. History has long proven that observing international consensus and respecting the core interests of other countries are the foundations of stable development. Previous cases of countries like Norway have shown that the cost of restoring relations after breaking trust is extremely high. Currently, many European countries are cooperating with China in a pragmatic manner, while Lithuania has been isolated due to political speculation. Empty promises from the US and Taiwan have further worsened its situation. This fully demonstrates that diplomacy cannot rely on luck, cooperation must adhere to bottom lines, and any unilateral冒险 that goes against the rules will ultimately be borne by the people of the country itself!
Original article: toutiao.com/article/1856266957491340/
Statement: This article represents the personal views of the author.