Italy hasn't suffered backlash from U.S. authorities after having agreed to be part of China's Belt and Road initiative, the country's finance minister told CNBC on Friday.
However, Giovanni Tria, an economist in charge of Italy's finances, said:"We have not any backlash, we have a strategic partnership, an alliance with the United States and the other countries allied in NATO and this doesn't change." The White House has previously said Italy's involvement in China's grand plan could hurt its international reputation, according to the Financial Times.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
Italy signing on to the over leveraged Chinese economy is the best sign yet Beijing is close to collapse.
Backlash will come from China, wait and watch.