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Sat Mar 23, 2019, 12:17 PM

A defiant Italy becomes the first G-7 country to sign on to China's Belt and Road Initiative

Source: Washington Post

By Chico Harlan March 23 at 11:25 AM

ROME — Even by the decorous standard of state visits, Chinese President Xi Jinping has received a warm welcome in Italy. That welcome started the moment Xi entered Italian airspace and, according to Chinese state media, two of the host nation’s fighter jets escorted his plane.

Senior Italian government officials greeted Xi on the tarmac, and tenor Andrea Bocelli sang for Xi and his wife at a state dinner. When Xi arrived at his five-star Roman hotel, a Chinese national flag was flying outside.

But the most geopolitically important — and controversial — symbol of embrace came Saturday, when Italy formally agreed to be part of China’s signature foreign policy and infrastructure project, known as the Belt and Road Initiative, becoming the first Group of Seven country to do so.

At a ceremony at a Renaissance villa that also included the signing of other business and commercial agreements, Italian Prime Minister Giuseppe Conte said his country was building a “more effective relationship” with China.

-snip-


Read more: https://www.washingtonpost.com/world/europe/defiant-italy-becomes-the-first-g7-country-to-sign-on-to-chinas-belt-and-road-initiative/2019/03/22/54a732d4-4bdf-11e9-8cfc-2c5d0999c21e_story.html

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Response to Eugene (Original post)

Sat Mar 23, 2019, 12:23 PM

1. The One Belt One Road initiative is a scam

It is designed to enrich China at the expense of other countries who are scammed into believing that it will somehow help them with promises of development loans and future trade.

In reality, those countries are basically pawning their natural resources to China and will end up losing those assets because they will never be able to rescue them from the China pawnshop.

Look at what happened in Ecuador recently.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 01:02 PM

2. So Italy has signed up to be a third world country. t least it's official now..

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Response to Eugene (Original post)

Sat Mar 23, 2019, 01:26 PM

3. "Too many jobs in China lost," Trump tweeted... Such concern!

"Too many jobs in China lost," Trump tweeted... Such concern!

https://www.democraticunderground.com/10142058871

http://thehill.com/homenews/senate/387515-schumer-hits-trump-for-offering-aid-to-chinese-company-how-about-helping

Senate Republicans drop bid to block Trump from helping Chinese telecom giant ZTE

https://www.democraticunderground.com/10142115196

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Response to Eugene (Original post)

Sat Mar 23, 2019, 01:31 PM

4. While Putin has US & UK tied in knots, China advances. . . . nt

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Response to Bernardo de La Paz (Reply #4)

Sat Mar 23, 2019, 10:33 PM

11. Russia plays "bad cop", China plays "good cop".

That is the face of SCO, the Sino-Russian alliance.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 01:37 PM

5. Italy already had a good agreement with China going back many years

There is a town outside Florence which has a large population of Chinese who make clothes for high end and low end designers that they slap a “made in Italy” tag” on.The materials come from China but the clothes are made in this town. You can go all over Italy and find these cheap but fashionable clothes that are “ made in Italy”. I have availed myself in to purchasing many clothing items when I have been to Italy. (The clothes are really made well with good stitching)

https://mundusjournalism2015.weebly.com/stories/made-in-italy-while-made-by-chinese

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Response to Eugene (Original post)

Sat Mar 23, 2019, 01:52 PM

6. while china is eating our lunch

tRump is fight with J. Mcain.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 02:23 PM

7. The US offers no alternatives to countries like Italy.

Instead, Trump demands higher payments for NATO and starts tariff wars that hurt everyone. The US is offering no deals to counter China because we have an ignoramous in the White House. Most countries no longer trust the US because they accurately assess Trump as a corrupt liar and a person who does not feel bound by any deal made since he changes what he has agreed to each day. The only development Trump is interested in is that for Trump Org. If Italy wants to give him $500 million for a golf development, I’m sure he would pay attention. US policy is for sale to the highest bidder.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 03:19 PM

8. Trump is weakening us both at home and abroad.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 04:10 PM

9. I have no doubt that China will surpass the US as the preeminent world leader in every way

there is no stopping the US train wreck that started with reaganomics.

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Response to yaesu (Reply #9)

Sat Mar 23, 2019, 10:41 PM

12. The climate crisis will stop China or any country from ascending to world power in the future.

War and climate chaos is our future.

Enjoy the final days of a livable Earth, they are numbered.

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Response to Eugene (Original post)

Sat Mar 23, 2019, 09:41 PM

10. China is going to own the world without firing a single bullet.

In the mean time, the Orange Menace is isolating America from the world, allowing for the illiberal forces to take over.

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