Sekėjai

Ieškoti šiame dienoraštyje

2023 m. sausio 21 d., šeštadienis

Business received a clear signal: "Absolutely all countries have clearly said that they will not be active in defending Lithuania when it comes to China"

 "The adviser to the Lithuanian president on foreign policy issues, Asta Skaisgirytė, tells "Žinių radio" that if China hears Lithuania's message, relations could be normalized again. "Even in the midst of the conflict, Lithuania said that it does not want to end diplomatic relations, it does not want to send the ambassador home, that it wants to continue with cooperation acceptable to both sides. If China hears our cry, I think it will be possible to normalize relations," said the presidential adviser.

 

     According to her, both Lithuania's allies and the EU are trying not to clash with the world's second largest economy. The representative of the Presidency noted that although China's economic pressure has not disappeared, Lithuanian business has managed to reorient itself.

 

     Really? What losses have we suffered? Is it worth talking about the normalization of relations between Lithuania and China? Arūnas Laurinaitis, vice-president of the Lithuanian Confederation of Industrialists (LPK), spoke on this topic in the "Dienos klausimas" program of Žinių radio. According to him, the situation is ambiguous - the policy pursued by China helped Lithuania's business to reorient itself. This pushed Lithuanian businesses to look for ways to end existing contracts and extend new ones.

 

     "Business is wise - various schemes have appeared. Some companies have switched to using the services of intermediaries. Lithuanians imported goods through those companies that were located in Poland, Germany or Latvia - countries that did not have political problems with China. Some companies, having calculated what is better for them, went on to establish companies in the mentioned countries.

 

     However, starting to work through intermediate countries, Lithuanian business experienced additional costs and difficulties.

 

     Firstly, the delivery time increased - companies faced an additional need for working capital: more money had to be frozen until the goods reached Lithuania via an intermediate country.

 

     Naturally, the intermediary also wanted to earn extra.

 

     There were also additional costs when transshipping the production from some country and transporting it to Lithuania", said A. Laurinaitis. 

 

He reminded that when the conflict with China arose, there were moments when Lithuania completely disappeared from the customs system, and there was an indirect instruction for Chinese businesses not to do business with Lithuanians. This naturally forced Lithuanian business to withdraw from China.

 

     The vice president of LPK calculates that, comparing 2021 with 2022, exports to China have decreased more than 10 times.

 

     At the moment, it remains only as useful to China: it continues to import from Lithuania the corresponding products, semi-finished products, which it does not produce itself. These are special electronics, very accurate measuring devices, various lasers, metal alloys. And all other goods, which used to be imported from Lithuania and which could be replaced very quickly by others, completely disappeared from the Chinese market.

 

     "The majority of Lithuanian companies believed Lithuanian politicians that China is a priority market for Lithuania. The state spent money for organizing visits and exhibitions. Lithuanian business, following politicians, had invested quite a lot in finding partners and entering into contracts. With the closure of the Chinese market, all the main export directions, the companies that worked in them had to leave China.

 

     We preliminarily estimate that about 80 percent have left. companies that have worked with China. However, as I mentioned, some companies operate through intermediary companies or countries.

 

     If we exclude them as well, up to 50 percent. companies that worked with China were forced to stop working and leave the Chinese market due to the cooling of relations between Lithuania and China", commented the interviewer of the show.

 

     According to him, although at that time Lithuanian businesses expected a lot from the Taiwanese market, the expectations did not come true. "Today, politicians want to celebrate that they have found a counterweight to China, but this is not true," said A. Laurinaitis. He evaluates figures showing import and export volumes from and to China.

 

     The LPK vice-chairman pointed out that it took 5-6, and sometimes 8 years to enter the Chinese market.

 

     As for building relations with the Taiwanese market, now, according to A.Laurinaitis, they are only at the initial stage, when there are a lot of delegations both to one side and to the other side, and Lithuanian business is trying to understand Taiwanese culture. "Everything takes time, but the closure of China and the opening of Taiwan today do not offset the business perspective that was foreseen in China and that is emerging in Taiwan," the interviewer assessed. He recalled the recent meeting between the German Chancellor and the Chinese President, where cooperation was discussed.

 

     Germany has invested the most from EU countries in China.

 

     "There is a lot to communicate in the European business confederation BusinessEurope, which connects 40 business structures from 34 countries.

 

     Absolutely all countries, when we talk about the case of China, have clearly said that they will not be active in defending Lithuania, so as not to harm the members of their countries.

 

     They understand very well that China is the second largest economy in the world. China has some components that are very much needed for renewable energy. Let's say silicon, the main raw material in the production of chips, semiconductors - everything is concentrated in China. Therefore, not having relations with China would push Lithuania into such a situation that Lithuania would have to reconsider what industries or business branches could remain competitive if the situation with China did not improve", said the LPK representative. 

 

And whether it will improve, no one knows for sure - there are both optimists and pessimists. Last month, BusinessEurope organized a meeting of business and ex-member country leaders with the Chinese ambassador to the EU and other Chinese business representatives. According to A.Laurinaitis, the ambassador, without mincing words, clearly said that if Lithuania wants to have normal relations, politicians must find an agreement and start talking.

 

     "When politicians change, everyone thinks that the previous government is evil, so something needs to be changed. Although I have not seen any country where politicians earn money. When politicians underestimate the business and say that they know better how to do what, it becomes a bit strange," the interviewer of "Žinių radio" thought. The extent to which business would return to China would depend on the relationship of trust between politicians and the rebuilding of business, and whether a formula could be found to develop a coherent business. "Business doesn't want to do politics, it doesn't want to engage in diplomacy, but it wants there to be a relationship between politics and business in those countries where business sees a perspective," said A. Laurinaitis.

 

     He talked about the fact that when he went to China, business invested money, people, some companies even changed technological lines, some borrowed money and gave corresponding commitments to banks, planned development - that is, they accepted people, made commitments to their families that employees would get salaries, will be able to take out housing loans. Therefore, the quick one-day decision to close the market was extremely unexpected. 

 

"In my understanding, it could probably have been done if the politicians had said that there would be certain decisions in a year or two. This would have been enough for the business to allow them to exit the Chinese market as much as they thought was safe, risk-free. "Politicians should not make decisions for business, because business assumes all losses, and politicians assume, if they do, political dividends," said the LPK vice-president.

 

     In response to a possible military conflict between China and Taiwan, he said: "None of us know what will happen with China and Taiwan, but we should listen more to the attitude of the big countries - the United States, Germany - towards China and Taiwan, and maybe learn a little diplomacy before the whole world has a relationship with China and benefits from it. This is necessary so that Lithuanian business is not pushed to the economic margins and unfair competitive conditions are not created for it, because most of the production goes to EU member countries, and they have opportunities to get materials and semi-finished products from China."

 

   

Komentarų nėra: