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Italy Moves to Weaken Ties With China Without Upsetting Beijing

From bnnbloomberg.ca

When Foreign Minister Antonio Tajani travels to China this weekend, he’ll be balancing two competing interests: laying the ground for Italy’s exit from a controversial investment pact with Beijing while also trying to avoid a rupture with the world’s second-largest economy. During a three-day trip starting on Saturday, Prime Minister Giorgia Meloni’s deputy will meet with Chinese Foreign Minister Wang Yi and other officials to discuss the possibility of leaving the Belt and Road Initiative, an investment pact designed to deepen economic ties with allies. Just before boarding a plane to China, Tajani said that the ... (full story)

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