Italy should correct wrong decision on BRI
7 months, 1 week ago

Italy should correct wrong decision on BRI

China Daily  

A China-Europe freight train departs from Xi'an Guojigang Railway Station in Xi'an, Shaanxi province, on March 7. In 2004, the two countries signed a comprehensive strategic partnership agreement, and in 2019, Italy joined the Belt and Road Initiative, elevating bilateral ties to a new level. Italian Prime Minister Giorgia Meloni and Foreign Minister Antonio Tajani have managed to only justify their decision with the far-from-reality logic that Italy exited the Belt and Road Initiative because it did not bring any advantages to the country and, instead, the trade deficit increased in favor of China. Anyone who knows a little bit about Chinese culture and the Chinese way of doing business would realize that being the only country in the world to exit the Belt and Road Initiative on the 10th anniversary of the launch of a project dear to China and just days before the 700th death anniversary of Marco Polo, who served in the court of Emperor Kublai Khan of the Yuan Dynasty and helped establish Italy-China relations, is not the best way to keep Sino-Italian ties "solid". With regard to Italy's exports to China, perhaps unknown to Meloni and Tajani, they have actually increased by 33 percent since the country joined the Belt and Road Initiative, much more than our direct competitors, France which witnessed about 10 percent increase and Germany whose exports shrunk during the same period.

History of this topic

Action plan shows China-Italy eyeing brighter prospects
4 months, 3 weeks ago
After quitting Belt & Road Initiative, Italy & China sign 3-year economic pact as Meloni seeks to reset ties
4 months, 3 weeks ago
Italy and China sign a 3-year action plan as Italian leader Meloni tries to reset relations
4 months, 3 weeks ago
Italy, China sign 3-year action plan as Italy’s Meloni tries to reset relations
4 months, 3 weeks ago
The Melody Coming From Italy And India Grates On China’s Ears
1 year ago
BRI helps to strengthen Italy and China cooperation
1 year ago
Italy’s exit from China’s BRI. Why India should be happy
1 year ago
China warns against ‘undermining’ Belt and Road plan after Italy withdraws
1 year ago
Italy officially quits Chinese Belt and Road Initiative
1 year ago
Italy reportedly drops out of China Belt and Road initiative that failed to deliver
1 year ago
Italy withdraws from China's Belt and Road project
1 year ago
‘Didn’t Produce Results We Hoped For’: Italy Exits China’s Belt and Road Project
1 year ago
Italy withdraws from China’s Belt and Road Initiative, reports say
1 year ago
Italian PM tells Chinese premier that Italy plans to leave the Belt and Road Initiative
1 year, 3 months ago
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1 year, 3 months ago
Italy’s PM ‘signals’ to Li Qiang seeking exit from China’s Belt and Road pact
1 year, 3 months ago
Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt
1 year, 3 months ago
China says 90 countries have confirmed attendance for Belt and Road Initiative conference
1 year, 3 months ago
China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement
1 year, 3 months ago
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1 year, 3 months ago
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1 year, 4 months ago
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1 year, 4 months ago
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1 year, 4 months ago
Joining China's Belt and Road was an 'atrocious' decision, Italian minister says
1 year, 4 months ago

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