“China’s Belt and Road Initiative suffers setback as Italy considers leaving”

2023-05-12 14:15:00

[앵커]

The competition for supremacy between China and the United States is even influencing China’s Belt and Road Initiative.

While the United States is trying to block China’s one-on-one expansion in all directions, Italy, a major cooperative partner in this policy, is showing signs of leaving.

It is expected to be a significant blow to China.

Reporter Ryu Je-woong reports.

[기자]

China, which has strengthened the system of Xi Jinping’s third consecutive term, has started to re-accelerate the Belt and Road Initiative, which has been sluggish for a while.

On the 18th, leaders of five Central Asian countries, including Kazakhstan, will be invited to Xi’an, the origin of the Silk Road, to discuss ways to cooperate.

In particular, they recently received a promise to allow Taliban-occupied Afghanistan to participate in the ‘China-Pakistan Economic Corridor’ due to the withdrawal of US troops.

At the same time, we are strengthening closeness with Saudi Arabia to expand our influence in the Middle East.

[딩 이판/국무원 발전연구중심 선임연구원 : 중국의 일대일로 국가들과 교역은 기존 유럽이나 미국 시장보다 훨씬 빠르게 성장하고 있습니다.]

However, a major misfortune occurred.

This is because Italy, the only member of the G7 in Europe, is showing signs of leaving.

China immediately opposed Italy’s withdrawal.

[왕원빈/ 중국외교부 대변인 : 양측은 경제무역, 공업제조, 청정에너지 등 분야의 협력에서 풍성한 성과를 거뒀습니다]

It is interpreted that Italy, which participated in the Belt and Road Initiative despite the opposition of the United States in 2019, is suddenly trying to turn to the anti-China route because of the secure security of the semiconductor supply chain.

Italy’s move comes amidst the US’ strengthening of leadership in the Indo-Pacific, security cooperation between South Korea, the US and Japan, and expansion of cooperation in the Middle East, while checking China’s expansion of influence.

As such, it seems inevitable that China’s ambitious One Belt, One Road resurgence will be dealt a blow.

This is YTN Ryu Je-woong.

Video editing: Lim Hyeon-cheol

※ ‘Your report becomes news
[카카오톡] Search YTN and add a channel
[전화] 02-398-8585
[메일] [email protected]

1683907184
#Korean #news #channel #YTN #Channel

Leave a Replay