The Financial Times reported that Italy is planning to sign a memorandum of understanding to become part of China’s Belt and Road Initiative.
The Belt and Road initiative, championed by President Xi Jinping, aims to link China by sea and land with southeast and central Asia, the Middle East, Europe and Africa, through an infrastructure network on the lines of the old Silk Road.
Aside from boosting trade and investment, Xi aims to boost exchanges in areas such as science, technology, culture and education.
Via The Financial Times
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