Italy Quits China’s Belt and Road Initiative After Broken Promises
Since joining the BRI in 2019, Italy’s exports to China increased by €4 billion while China’s exports to Italy skyrocketed by nearly €20 billion.
Since joining the BRI in 2019, Italy’s exports to China increased by €4 billion while China’s exports to Italy skyrocketed by nearly €20 billion.
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Relations between China and Italy soured almost as soon as the ink dried on the original 2019 agreement, with officials saying Italy’s exit from the initiative was essential for maintaining good relations with America.
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