August 5, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

Taiwan to open first Europe office in its name, angers China

will set up its first office in using the name “Taiwan,” drawing a rebuke from and praise from the US as the island democracy seeks to strengthen its diplomatic presence around the globe in the face of pressure from Beijing.

The government in Taipei will open its office in the Baltic nation of Lithuania, Taiwan’s Foreign Minister Joseph Wu said at a briefing. Taiwan’s other diplomatic outposts on the continent are under the name of “Taipei.”

“Lithuania has firmly believed in universal values such as democracy, freedom and human rights, and is a like-mined partner of Taiwan,” Wu said. “and Lithuania are both at the strategic front line to safeguard democratic and free regimes.”

Beijing’s Affairs Office called the Lithuania office an attempt at seeking independence, and it urged the Baltic nation to adhere to the one-principle.

firmly opposes any formal relations between other countries with Taiwan,” Foreign Ministry spokesman Zhao Lijian.

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