Italy Might Miscalculate The Value of BRI

2024 marks the significant economic milestone for China, given the fact that BRI is slowing approaching its 10th year anniversary. Come to think of it, more nations, especially among the African nations, are active in sharing more resources with the Chinese government. Meanwhile, some nations have already decided to pull out of the project, owing to political differences, Italy, is one of them. How should we understand the main reasons behind such bold move? By distancing away from China, will the economy in Italy face more challenges? Dr. Filippo Fasulo is Co-head of the Geoeconomic Centre and Senior Research Fellow of the Asia Centre at the Institute for International Political Studies (ISPI).