Italian media said that under pressure from the United States, Italy may withdraw from the Belt and

Mondo Finance Updated on 2024-01-29

Recently, according to Italy, Italy has sent an exit to China".The Belt and Road Initiative"Note on the initiative. The news, which came out without a public announcement in Italy, attracted widespread attention. Prime Minister of ItalyThe government refused to answer questions on the matter, while Italy argued that it would withdraw".The Belt and Road Initiative"There are two main reasons for this: first, Italy has not been able to reap the expected economic benefits from the initiative;The second is some ItalyPoliticsCharacters of the initiativePoliticsWorried about the consequences.

Although Italy opted out".The Belt and Road InitiativeBut Italy** stressed its willingness to maintain and strengthen its strategic partnership with China. This means that Italy still wants to maintain economic cooperation with China and continue to cooperate in areas of mutual interest. It also shows that Italy is considering leaving".The Belt and Road Initiative"When to the presentInternationalPoliticsenvironmentalThink rationally

The report mentions that Italy withdrew".The Belt and Road Initiative"The initiative is under pressure from the United States. United StatesG7Five other member states put pressure on Italy. It can be seen that the United States withdrew from Italy "The Belt and Road Initiative"The positive attitude is related to the long-standing concerns about the impact of the Chinese economy in the United States.

Italy's withdrawal under pressure from the United States is actually part of the United States' strategy of promoting decoupling and confrontation with China. In recent years, the United States has taken a series of measures to restrict and suppress China, including the war against China, the war on science and technology, and the restrictions on technology against China. It can be seen that the United States is trying to passPoliticsmeans to limit China's development and protect its own interests.

Italy withdraws".The Belt and Road Initiative"The initiative means that the relationship between Italy and the United States will face new challenges. If the United States fails to make up for or even aggravate the loss of economic interests caused by Italy's withdrawal, this will further exacerbate the friction between Italy and the United States. After Italy withdraws from the initiative, China can continue to deepen cooperation in Italy as an entry pointg7Some resistance was broken within the bloc in order to break the blockade of the Western alliance with China.

Italy's geographical location plays a key role in the strategic connectivity between China and Europe. However, with Italy's withdrawal from the initiative, other countries will also take its functional place in the region. The port of Piraeus in Greece, the port of Rotterdam in the Netherlands, the port of Hamburg in Germany, and the railway systems in Serbia and Hungary are all expected to play a greater role after Italy's withdrawal. As a result, China needs to find other partners to sustain its business prosperity in the region.

China remains open to China-Italy cooperation and hopes that Italy will recognize the adverse impact of U.S. decoupling on Italy, while realizing the damage to its national interests caused by the withdrawal initiative. In addition, China will need to expand Italy's expected revenues in order to strengthen Italy's relations with China and the United States in order to achieve a breakg7The goal of the bloc blockade.

To sum up, Italy withdraws".The Belt and Road Initiative"The initiative is its response to the presentInternationalPoliticsThe rational response of the environment. Despite pressure from the United States, Italy wants to maintain cooperation with China and to cooperate in other areas. Italy's decision to withdraw will have an impact on Italy-US relations, but China can maintain its business prosperity in the region by finding other partners. For China, it is important to maintain an attitude of opening up to the outside world and develop mutually beneficial and win-win cooperative relations with other countries.

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