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Continental upholds investment plans in Lithuania

Despite the trade dispute between Beijing and Lithuania, Continental intends to continue investing in the Baltic state. The German supplier’s plans have not changed despite pressure from China, the director of Continental’s Lithuanian factory, Shayan Ali, told local newspaper Verslo Žinios. “Our plans in Lithuania are the same as we stated at the beginning – 1,500 jobs and over 185 million euros of investments,” Ali was quoted as saying. When asked about the Chinese trade pressure, he said the factory “was undoubtedly affected by the changing situation” and “did all we can to adapt to changing circumstances”. He gave no further details.

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