Italy rattles US and EU with likely support for China's Belt and Road

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Leaders set to endorse Italy’s role in ‘Silk Road’ trade network during Xi Jinping’s visit this week

Italy has signalled its determination to play a central role in China’s grand plan to build a Silk Road-styled global trade network, despite rattling its EU and US allies with its plan.

The country’s populist government is poised to endorse its participation in Beijing’s $1tn Belt and Road Initiative (BRI), a global trade project aimed at connecting Asia, the Middle East, Africa and Europe via a network of ports, railways, tunnels and other infrastructure, by signing a non-binding memorandum of understanding (MoU) during the Chinese president Xi Jinping’s visit to Italy this week.

Related: The UK ignores China’s trillion-dollar Belt and Road plan at its peril | Colin Cram

Related: Follow the New Silk Road

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Source: china
Link : Italy rattles US and EU with likely support for China’s Belt and Road

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