Italian Prime Minister Giorgia Meloni is proving herself a better American ally than her recent predecessors and many other European leaders.
She announced this week that Italy would withdraw from China‘s Belt and Road Initiative. Italy has not received anywhere near the investments and reciprocal export market opportunities that China promised. The Philippines is also leaving the initiative after China similarly failed to deliver on its investment promises.
THE CLIMATE COPS ARE COMING FOR YOUR BURGER
There are three lessons worth learning from this. First, never take communist China’s word at face value. Second, the Belt and Road Initiative is a lump of coal in fancy wrapping. Third, the United States can peel nations away from it and reduce China’s influence.
The initiative is the linchpin of Xi Jinping’s plan to make the world dependent on Chinese supply chains. But the…
