aA
Taiwanese consumers have increased their spending in Lithuania’s online stores considerably amid growing ties between Lithuania and Taiwan, which Beijing considers an inalienable part of China.
Taiwanese up spending in Lithuania’s online stores as ties grow stronger
© AP / Scanpix

According to the data from Taiwanese institutions, residents of the island’s seven large cities made approximately 112,000 credit card payments, worth more than 2.5 billion new Taiwan dollars (approx. EUR 76 million), in Lithuanian stores between February and the end of June.

“Lithuania has become one of the top 10 destinations for online credit card spending by Taiwanese consumers,” Bi-khim Hsiao, Taiwan’s economic and cultural representative to the United States, said in a Twitter post sharing a picture of a bottle of Lithuanian beer she bought.

The biggest spenders were the residents of Taipei who splashed approximately 1 billion new Taiwan dollars in Lithuania, according to local news portal United Daily News (UDN).

Diplomatic relations between Lithuania and Taiwan have grown substantially stronger this year. In particular, Taiwan announced in July that it would set up a representative office under the name of "Taiwan" in Lithuania separately from China.

China tries to keep Taipei isolated on the world stage and avoids any official use of the word "Taiwan" so as not to give international legitimacy to the self-ruled island of 23 million people.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

UK's Zaha Hadid Architects present best Vilnius Connect idea

Green Connect, an architectural project by British company Zaha Hadid Architects, has been deemed the...

Rail trip from Vilnius to Tallinn to take 4 hours in future

A rail journey from Vilnius to Tallinn will take four hours when Rail Baltica the European...

Minister: Vilnius Airport building must be demolished (2)

Built seven decades ago, Vilnius Airport's main arrival terminal does not meet today's needs,...

Small country with a huge startup: the success of CoinGate

Silicon Valley is no longer synonymous with innovation. More and more small countries are entering the...

Some firms say Chinese partners refuse to renew contracts

Some Lithuanian companies working with China say that their partners in China are not renewing or...

Top news

Initiative to cut age limit for running for Seimas to 21 years passes 1st vote

A draft constitutional amendment lowering the minimum age for standing as a candidate in Lithuania's...

UK's Zaha Hadid Architects present best Vilnius Connect idea

Green Connect, an architectural project by British company Zaha Hadid Architects, has been deemed the...

Lithuania marks 80 years since start of Holocaust

Lithuania is marking the 80th anniversary of the beginning of the genocide of Jews in the country on...

1 486 new COVID-19 cases

On Wednesday, 1 486 new COVID-19 cases were recorded in Lithuania. Since the beginning of the...

Rail trip from Vilnius to Tallinn to take 4 hours in future

A rail journey from Vilnius to Tallinn will take four hours when Rail Baltica the European...