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Chinese President Xi Jinping, left, and Italian Prime Minister Giuseppe Conte at Rome’s Villa Madama, March 23, 2019 (AP photo by Andrew Medichini).

Italy’s Belt and Road Deal With China Widens Rifts in the Euro-Atlantic Alliance

Wednesday, March 27, 2019

On March 23, Italy officially joined China’s Belt and Road Initiative, or BRI, an expansive development strategy first unveiled in 2013 that aims to build a network of roads, railways and ports connecting China with more than 60 countries across Africa, the Middle East and Europe.

In addition to the memorandum of understanding on the infrastructure-building initiative, signed during Chinese President Xi Jinping’s visit to Rome last week, the two countries agreed on a constellation of deals worth 2.5 billion euros ($2.8 billion), ranging from banking and energy to sports. The visit’s outcome reflects deepening relations between the eurozone’s third-largest economy and the Asian powerhouse. ...

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