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Italy Criticized For Joining China's Belt And Road Project

March 15, 2019
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Italy Criticized For Joining China's Belt And Road Project
Image by Sven Mandel

Pressure is mounting against Italian Prime Minister Guiseppe Conte to refrain from signing aboard China’s Belt and Road infrastructure project next week when Chinese President Xi Jinping visits Italy. Beyond the political ramifications of Italy aligning itself with China, and perhaps finding itself on the business end of Chinese debt colonialism, analysts warn Conte has not fully considered the financial aspects of the arrangement.

Reuters published a summary of the Memorandum of Understanding (MOU) Conte plans to sign when Xi arrives in Rome, finding it “full of broad undertakings” but “short on specific details.”

To read more visit Breitbart.

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CD Media Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."

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