Around 60 Lithuanian companies are currently facing problems due to China’s unofficial sanctions, Vidmantas Janulevicius, president of the Lithuanian Confederation of Industrialists (LPK), has said.
According to Janulevicius, more than 1,200 containers, worth an estimated 240 million euros, are not coming to Lithuania. Under the pessimistic scenario, if the situation remains unchanged, Lithuanian companies may suffer about 300 million euros in losses due to China’s restrictions next year.
China has so far denied that there are any disrupti…
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don’t have a subscription yet – please visit our SUBSCRIPTION section