Italy plans to join China's Belt and Road Initiative: FT

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Italy plans to sign a memorandum of understanding to become a part of China&#039...

FILE PHOTO: A man walks past the podium at the Belt and Road summit in Hong Kong May 18, 2016. REUTERS/Bobby Yip

“The negotiation is not over yet, but it is possible that it will be concluded in time for visit,” the newspaper reported quoting Michele Geraci, the undersecretary in the Italian economic development ministry. “We view BRI as a ‘made by China, for China’ initiative,” the report quoted Garrett Marquis, White House National Security Council spokesperson, as saying.

 

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Goldbroker_com Italy will be doomed

So the Italians desperate for money because their economy is tanking has given in to easy Chinese money even though the current government knows the future government will be hard pressed to pay it back.

good news. China may open a 60 million ppl market, Italy a 1,5 billion. Smart nove by Italian government

don't tell america

The future of world trade. The UK should be on board. Forging relationships.

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