Italy Caves in & Plans to Withdraw from China’s BRI? What Happened?
Italy is highly unlikely to renew its Belt and Road Initiative (BRI) deal with China, which expires early next year, but needs time to discuss the issue with Beijing, a senior Italian government official said.
Interestingly, Italy was the first big European economy to join China’s enormous infrastructure project, the Belt and Road Initiative (BRI).
One thing is sure: Italy’s decision did not happen in vacuum! It was pressured to toe the line or else!!!
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