By Reuters |Rome |Published: March 23, 2019 6:00:36 pm
Italy endorses China’s Belt and Road plan in first for a G7 nation
Italy's populist government, anxious to encourage exports and investment as the economy suffers its third recession in a decade, has played down such worries and gave Xi a red-carpet welcome normally reserved for its closest allies.
Italy endorsed China’s “Belt and Road” infrastructure project on Saturday, the first Group of Seven industrialised power to do so, as Rome brushed off worries among its Western allies in a bid to revive the flagging Italian economy.
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