Lithuania Betrays Friend! Tearing Up €352 Million Klaipeda Port Project | China Suffers Heavy Losses
#china #project #america #trading #japan #lithuania #harbor #europe
Lithuania’s economy has developed very rapidly in recent years and has made some achievements, but the economic growth rate is relatively slow.
Taking 2021 as an example, Lithuania’s per capita GDP will only be 23,700 US dollars, and by 2022 it will only increase by 1,100 US dollars to reach 24,800 US dollars.
For this ambitious country, the growth rate is obviously not enough to meet its pursuit.
Therefore, Lithuania began to explore the reasons for restricting economic development, and finally found that the port was facing small and old problems.
To address this limitation, Lithuania decided to invest 352 million euros in the expansion of Klaipeda Port.
At first, many countries showed great interest in this project.
But in order to be able to obtain this project, China would rather not have the construction cost, but hope that their ships can dock at this port.
Lithuania saw China’s sincerity, so it signed a contract with China decisively.
Surprisingly, not long after the signing, Lithuania blatantly tore up the contract with China in order to pursue a little interest of the United States, which brought huge losses to China.
This incident made us very curious, what kind of commitment did the United States make to Lithuania?
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Lithuania Betrays Friend! Tearing Up €352 Million Klaipeda Port Project | China Suffers Heavy Losses