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

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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.

 

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Who is half of the world? 😂😂😂

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

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