Taiwan to set up $200 mln fund to invest in Lithuania amid dispute with China - EURACTIV.com

Taiwan said on Wednesday (5 January)6 it would create a $200 million fund to invest in Lithuanian industries and boost bilateral trade as it tries to fend off diplomatic pressure on the Baltic state from China. The Lithuanian government, meanwhile, ordered the state-owned railway company not to sign a contract with a China-owned Spanish bridge builder, citing "national security interests," the prime minister's spokesperson told the Baltic News Service. Lithuania is under pressure from China, which claims democratically ruled Taiwan as its own territory, to reverse a decision last year to allow the island to open a de-facto embassy in…