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Giorgia Meloni reaches a historic agreement with China to improve its trade relations in the midst of Beijing’s economic war with the EU

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This article was originally published in English

Meloni’s five-day visit comes several months after Italy abandoned China’s Belt and Road Initiative.

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Italy and China signed a three-year action plan to implement agreements and new forms of cooperation, as declared by the Italian Prime Minister, Giorgia Melonion an official visit to the Chinese capital.

Meloni is treating rebuild relations with China while fears of a trade war with the European Union and the continued interest in attract Chinese investments in automobile manufacturing and other sectors.

Lots of work to do

“Without a doubt we have a lot of work to do and I am convinced that this work can be useful in such a complex phase worldwideand also important at the multilateral level,” he said in statements at the beginning of a meeting with the prime minister of ChinaLi Qiang.

His five-day visit comes several months after Italia would abandon the Belt and Road Initiativean emblematic policy ofChinese leader Xi Jinping for build energy infrastructure and transportation around the world in order to stimulate global trade and strengthen China ties with other nations.

Even so, Italia still interested in maintaining a solid economic relationship with China. Stellantis, a major automaker that includes Italy’s Fiat, announced in May that had formed a joint venture with Leapmotor, a chinese startup electric carsto start selling electric vehicles in Europe.

Li, addressing the Italian and Chinese business leaders After the meeting with Meloni, he said that China’s drive to improve its economy demand for high quality products will increaseexpanding opportunities for cooperation between companies from their two countries.



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