Thu, Dec 07, 2023
In a major setback for China's global ambitions, Italy has abruptly withdrawn from the Belt and Road Initiative, the country's signature infrastructure project. This surprise move has sparked speculation about Italy's potential shift towards India, a country with which it shares growing economic and political ties.
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Wed, Dec 06, 2023
Italy has officially informed China that it is quitting the Belt and Road Initiative (BRI), two government sources told Reuters on Wednesday, ending months of doubt over Rome's future in the ambitious project.
Wed, Jun 19, 2019
China’s massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing countries, the World Bank said.
Mon, Dec 11, 2017
India is strongly opposed to an economic corridor that China is building in Pakistan that runs through disputed Kashmir as part of the Belt and Road initiative. Russian Foreign Minister Sergei Lavrov, however, said New Delhi should not let political problems deter it from joining the project, involving billions of dollars of investment, and benefiting from it.
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