China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'

Date:

Share post:


Chinese President Xi Jinping called for further cooperation with Italy on Monday at a meeting with Italian Prime Minister Giorgia Meloni, saying the two countries were the ends of the historical Silk Road trade route

BEIJING — Chinese President Xi Jinping called for further cooperation with Italy on Monday at a meeting with Italian Prime Minister Giorgia Meloni, saying the two countries were the ends of the historical Silk Road trade route.

Meloni pulled Italy out of China’s Belt and Road Initiative — whose name refers to the ancient overland trade route — in December, but signed an agreement Sunday that provides a new path for the two countries to cooperate on trade and other issues.

Meloni is on a five-day state visit, her first trip to China as prime minister.

The Belt and Road Initiative, one of Xi’s signature policies, aims to build power and transportation infrastructure around the world in order to stimulate global trade while also deepening China’s ties with other nations.

“China and Italy are located at opposite ends of the ancient Silk Road,” Xi told Meloni, “and the long-standing friendly exchanges between the two countries have made important contributions to the exchange and mutual learning of Eastern and Western civilizations, as well as human development and progress.”

“If countries are inter-connected, they will advance; if they are closed to each other, they will retreat,” said Xi.

Meloni said Italy could play an “important role” in China’s relationship with the European Union and creating balanced trade relationships. The EU imposed provisional tariffs of up to 37.6% on China-made electric vehicles in early July. China’s support for Russia after it invaded Ukraine has further strained relations with the EU.

She also noted China’s role as a diplomatic power on the global stage. “There is growing insecurity at the international level, and I think that China is inevitably a very important interlocutor to deal with all these dynamics,” said Meloni.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

North Korea and Russia agree to expand their economic cooperation

SEOUL, South Korea -- North Korea and Russia reached a new agreement for expanding economic cooperation following...

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

TOKYO -- Asian shares were mostly lower on Thursday after a mixed close on Wall Street, with...

Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet

LAS VEGAS -- Federal water officials made public on Wednesday what they called “necessary steps” for seven...

A social media ban for children younger than 16 is introduced in Australia's Parliament

MELBOURNE, Australia -- Australia’s communications minister introduced a world-first law into Parliament on Thursday that would ban...

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

OAK RIDGE, Tenn. -- A supplier of fuel for nuclear power plants announced a $60 million expansion...

How major US stock indexes fared Wednesday, 11/20/2024

U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath...

Workers at Kentucky electric vehicle battery production complex look to unionize

LOUISVILLE, Ky. -- Workers hired for a sprawling electric vehicle battery production complex in Kentucky have launched...

From fashion to sports, coffee table books are great holiday options

Stumped on a holiday gift? Reach for a coffee table book.The sometimes pricey, often large-format books are...