Italy rethinks China ties as US backs stronger break FMTNews FMTWorld
ROME: Prime Minister Giorgia Meloni is getting dragged into the escalating tensions between Washington and Beijing as she tries to disentangle Italy from its close relationship with China.
“Renewing it would send a very difficult message to Washington, but not renewing it would put a strain in relations with China.” Italy’s dilemma on Belt and Road is starting to draw the US government’s attention, said the people who spoke on the condition of anonymity. For Washington and other capitals, it’s a sign of Meloni’s capacity to turn her staunch pro-US rhetoric into facts.
Both China and Taiwan are key trading partners with Italy, which is the third largest importer of goods from China in the EU, and the fourth largest exporter of goods to the country which is a key export destination for luxury brands that are crucial for its industry. Tsai, who was appointed in the role earlier this year, said that bilateral trade between the two countries rose by 13% last year, and there are plans to further boost it with the opening of a new representative office later this year in Milan, Italy’s business capital.
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