Italy Withdraws from China's Belt and Road Initiative, Prompting Warning from China

TL;DR Summary
China has criticized the withdrawal of Italy, its only major Western partner, from the Belt and Road Initiative (BRI), warning against "undermining" the project. Italy, the first G7 nation to join the initiative, notified China of its plan to exit in 2024. The BRI, which aims to recreate ancient trade routes through massive infrastructure investments, has faced criticism for potentially increasing China's geopolitical influence and burdening poorer countries with unsustainable debts. Despite leaving the BRI, Italy intends to maintain strong relations with China.
Topics:world#belt-and-road-initiative#china#geopolitical-influence#infrastructure#international-relations#italy
- China warns against ‘undermining’ Belt and Road plan after Italy withdraws Al Jazeera English
- Italy Snubs India's 'Rival'; Officially Exits China's BRI Project | Modi Behind Meloni's Move? Hindustan Times
- Italy Tells China It Will Exit Belt and Road Investment Pact Bloomberg
- Italy tells China it is leaving Belt and Road Initiative Reuters
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