Business: Half the World Worries About Italy Getting in Bed With China

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 84%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Business: Half the World Worries About Italy Getting in Bed With China By Bloomberg

European allies see a threat to sovereignty, the U.S. is flagging the risks of Beijing’s growing influence, and half of the Italian government is so uncomfortable that their leader, Matteo Salvini, is leaving town for the day.

Score this as a win for China fans including Giovanni Tria, Italy’s technocratic finance minister, and Luigi Di Maio, leader of the Five Star Movement, which makes up half the country’s populist government. Both see the deal as a big opportunity to bring much-needed investment to Italy’s stagnant economy.

In the wake of criticism from Washington and European allies, Conte, who serves as a mediator between the League and Five Star, was forced to assure that Italy won’t be China’s “Trojan Horse” in Europe.That hasn’t been enough for allies like French President Emmanuel Macron.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Who is half of the world? 😂😂😂

The EU, just Gave-it a Head-Ache .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Australia Latest News, Australia Australia Headlines