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. Lithuania broke with diplomatic custom by agreeing that the Taiwanese office in Vilnius would bear the name Taiwan instead of Chinese Taipei, a term used by other countries to avoid offending Beijing. The Chinese communist regime claims Taiwan part of its territory with no right to diplomatic recognition despite the fact that Taiwan is a de facto independent country, with its own military, democratically-elected government, …
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