Tensions between China and Lithuania soared after Taiwan was allowed to open a de facto embassy in Vilnius. Now Taiwan wants to help offset the financial cost that comes with angering Beijing.
Taiwan said Wednesday it will create a $200 million (€176 million) fund to invest in Lithuania weeks after the self-ruled island claimed by China opened a representative office, a de facto embassy, in Vilnius. China views Taiwan as part of its own territory, and is putting immense pressure on foreign nations not to deal directly with the government in Taipei.
The announcement comes after Lithuanian president Gitanas Nauseda called the decision to permit Taiwan’s representative office in Vilnius “a mistake.”
On Wednesday Lithuanian foreign minister Gabrielius Landsbergis rejected the president’s characterization of that decision.
What is the purpose of Taiwan’s investment fund?


















