Lithuania: people in Taiwan increase spending in online stores as ties grow stronger


Source: smiraponitke.com smiraponitke.com

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[Lithuania: IMF warns of economic overheating] People from Taiwan have increased their spending in Lithuania’s online stores amid growing ties between the two countries. According to the data from Taiwan’s institutions, residents of the island’s seven large cities made approximately 112,000 credit card payments, worth more than 2.5 billion new Taiwan dollars (around EUR 76 million), in Lithuanian stores between February and the end of June. “Lithuania has become one of the top ten destinations for online credit card spending by Taiwanese consumers,” Bi-khim Hsiao, Taiwan’s economic and cultural representative to the United States, said in a Twitter post sharing...