World When China blocked Lithuania from exporting 20,000 bottles of rum in a diplomatic feud, Taiwan bought the whole shipment instead, report says
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Sandra Oudkirk, director of the American Institute in Taiwan, said the Chinese military air incursions are destabilizing and "run the risk of miscalculation."Sandra Oudkirk, director of the American Institute in Taiwan (AIT), which is the de facto U.S. embassy in Taipei, said the activity risked "miscalculation" between the governments across the Taiwan Strait, the narrow body of water that separates democratic Taiwan from the People's Republic of China (PRC).
- China was furious with Lithuania after it let Taiwan open a de facto embassy in its capital.
- Beijing appeared to punish Lithuania by blocking 20,000 bottles of its rum from entering China.
- Taiwan bought the entire shipment instead, a report said, and the government published recipes on how to cook with rum.
Taiwan stepped in to buy more than 20,000 bottles of Lithuanian rum that Beijing blocked from entering China,.
For monthswith Lithuania following Vilnius' decision to allow in November. China claims Taiwan is part of China, while Taiwan maintains its independence.
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Taiwan should be invited to the world's largest naval exercise next year, according to the US' 2022 defense spending blueprint signed into law by President Joe Biden this week. © Handout/Reuters Ships of the US, Chilean, Peruvian, French and Canadian navies take part in RIMPAC exercises in the Pacific Ocean on June 24, 2018. The 2022 National Defense Authorization Act (NDAA) says the invitation would supplement US efforts to support the self-governed democratic island in the face of "increasingly coercive and aggressive behavior" by China.
China, whichto acknowledge that Taiwan is part of China, that Lithuania would end up in "the garbage bin of history" unless it changed its mind.
Upon learning that that China was about to block an import of 20,400 bottles of dark rum made by Lithuania's MV Group Production, Taiwan Tobacco and Liquor company — which is owned by the country's finance ministry — purchased the entire shipment on December 18, the Post reported.
"TTL stood up at the right time, purchased the rum and brought it to Taiwan," the company said, the Post reported. "Lithuania supports us and we support Lithuania – TTL calls for a toast to that."
The Taiwanese leadership has not officially addressed the purchase but on Tuesday, Taiwan's national development council posted a graphic featuring recipes of rum-based cocktails and food to cook with rum.
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2022 is finally here. And for China, there's no shortage of big moments on the horizon -- from the Beijing Winter Olympics to the 20th Communist Party Congress in the fall. © Ng Han Guan/AP Workers prepare the ice surface for winter activities on New Year's Eve in Beijing, China, on December 31, 2021. The stakes are undoubtedly high, but success is by no means guaranteed. And numerous questions abound.
Amid the diplomatic feud, Chinato a chargé d'affaires office and a number of Lithuanian diplomats left China.
Lithuania's government has launched an $148 million aid package for companies whose business had been affected by the feud with China,.
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For many companies, doing business in China is getting trickier by the day. But Western banks and asset managers are more than willing to up their bets on the world's second biggest economy, convinced that the opportunities remain too good to pass up. © Giulia Marchi/Bloomberg/Getty Images Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during a Bloomberg Television interview on the sidelines of the JP Morgan Global China Summit in Beijing, China, on Wednesday, May 8, 2019.