Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU

//Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU

Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU

Is China’s “Belt and Road Initiative”, as Italian Finance Minister Giovanni Tria says, “a train that Italy cannot afford to miss”? Prime Minister Giuseppe Conte also thinks Italy should jump on board, saying the multibillion-dollar Chinese infrastructure plan is “an opportunity for our country”. Italy’s government plans to sign a memorandum of understanding with China on the belt and road scheme during Chinese President Xi Jinping’s March 22-24 visit, making it the first founding European Union…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-03-21T15:30:13+00:00 March 21st, 2019|Headlines|Comments Off on Debt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU