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newbNewb's avatar

At the end of Qing Dynasty rule, both the CCP and the KMT declared that they will inherit the dominion of the Qing Dynasty, which include Taiwan, Xinjiang and Tibet, and rule it as China.

No self-respecting leader of the CCP will let a small country of ~2.8 million make comments over the sovereignty of China, a country of ~1.4 billion people. China had to respond.

The cliché trope of a big country exerting their will over a small country presents a facile description of the relations between Lithuania and China. Countries are driven by self-interest. Banal platitudes like "pledges of unity" are irrelevant - a vacuous concept that is just as stupid and useless as the EU's idea of having a "pan-European identity". This situation shouldn't be portrayed as "China is on the side of evil; Lithuania is on the side of good." I give props to Lithuania for taking advantage of the geopolitical situation between China and Taiwan to further their own interests.

What does Lithuania have to gain by aggravating China?

1. $600 million export credit agreement with the U.S. Export-Import Bank

2. $200 million dollar investment fund set-up by Taiwan to invest in Lithuania, with many observers expecting heavy investment into Lithuania's semiconductor industry, a priority not just for Lithuania but for Europe as a whole

EU has decided to prioritize their chip industry, and is expected to unveil a plan to fund chip production next month, with hopes of doubling the market share of semiconductors in Europe by 2030. If EU decides to aid Lithuania, semiconductors will likely be the main driving force. Given the history of Europe, the veneer of unity is extremely thin.

Going forward, I expect the entire world to follow the path of Lithuania and Japan: they will try to take advantage of Taiwan's geopolitical situation to bolster their own semiconductor industry, forcing Taiwanese chip companies to make investments they wouldn't have otherwise.

Both Taiwan and Lithuania are pawns in a bigger game, with many players taking advantage of China's blunders.

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otto's avatar

Great storytelling that makes me wonder where it will lead to. And that never disappoints

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