“The latest measures China has taken against Lithuania are equivalent to a trade boycott affecting the EU as a whole,” he said. “Imports from China required for Lithuanian German manufacturing facilities have also been affected, and exports from Germany to China, including Lithuanian parts, have also been affected.”
“In the long run, China’s escalation is a devastating own goal, which shows that China is ready to be economically separated from its” politically undesirable “partners. It is clear to BDI that no damage to the value chain at the heart of the EU single market should be tolerated. “