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Italy’s Deputy Prime Minister and Foreign Minister Seeks Balance with China’s Belt and Road Initiative

Italy’s Deputy Prime Minister and Foreign Minister Tajani has set China on a difficult balance of tasks: creating the conditions for China’s exit from China’s megaeconomic initiative, the Belt and Road Initiative, while avoiding confrontation with the world’s second-largest economy. are visiting

During his visit to China, which is scheduled for 2 to 3 days, he will meet with foreign minister Wang Yi and other senior Chinese officials to discuss the possibility of withdrawing from the Belt and Road. The deal signed in 2019 did not live up to expectations, Deputy Prime Minister Tayani said shortly before leaving for China.

Video: Italy’s Deputy Prime Minister and Foreign Minister Tajani talks about exiting the Belt and Road just before his visit to China

Source: Bloomberg

“One Belt, One Road is a decision of the past,” Tajani said in an interview with Bloomberg Television on Thursday at the International Economic Forum in Cernobbio, Italy. He said that whatever Italy decides on this “will not send an anti-China message”.

Italy hints to US that it intends to withdraw from China’s ‘One Belt, One Road’ (1)

Italy’s Trade Deficit With China Has Ballooned

Source: IMF via Bloomberg

Original title:Italy Moves to Weaken China Ties Without Upsetting Beijing (1)(excerpt)

#Italys #foreign #minister #visits #China #seeks #Belt #Road
2023-09-03 13:29:24

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