VILNIUS, Lithuania—Taiwan is creating an investment fund and planning other measures to help Lithuania as it faces major economic pressure from China for allowing the island to open a representative office in the European Union country, Taiwanese officials said Wednesday.
“The $200 million fund will be used for investments into the Lithuanian economy and help its business, primarily into semiconductors, laser technology, biotech, and other key industries,” Eric Huang, representative of the Taiwanese mission to Lithuania, told reporters in the Baltic nation’s capital of Vilnius.
