The ancient Silk Road was a network of trading routes that stretched from China ...
ROME - The ancient Silk Road was a network of trading routes that stretched from China to Italy, transporting goods, skills and ideas half way around the world.
Italy’s drive to be the first Group of Seven industrialized nation to join the ambitious venture has angered Washington and alarmed Brussels, raising fears of a sellout of sensitive technologies and the handover of critical infrastructure. “I am afraid that up until now we have handled this in too amateurish a fashion, without any real coordination,” Lucio Caracciolo, director of the influential Limes geopolitical review, told Reuters.
Geraci speaks Chinese and fervently backs closer ties with Beijing, saying Italy has fallen behind its partners. Rome says such concerns should not stop it forging closer ties and points to the fact that 13 EU countries have already signed memoranda of understanding with China, including Hungary, Poland, Greece and Portugal.
The United States, locked in a trade war with Beijing, worries that Xi’s initiative is designed to bolster China’s political and military influence, and could be used to spread technologies capable of spying on Western interests.
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