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Taiwan has granted Lithuania a $1bn (€0.9bn) credit score line to assist Lithuanian companies put money into microchip manufacturing within the Asian nation and to offset financial losses attributable to a casual China commerce embargo. The transfer comes shortly after Taipei unveiled a $200m funding fund for inside Lithuania. And the help “could be stepped up additional,” it mentioned, after Lithuania braved China’s ire to let Taiwan open a quasi-embassy in Vilnius.
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