Topic:

Italy

With Italy on Board, China’s BRI Gets a Major Boost

| April 11, 2019

China’s grand Belt and Road Initiative, which is intended to connect the Asia-Pacific with the European market, had a major boost in March when Italy – the first of the G7 states – effectively signed onto the project. This event illustrates how difficult it is becoming for European countries to resist Chinese investment at a time of economic troubles in the EU.