Italy-China Cooperation: A Matter of Concern in the US and the EU?

In the eyes of Brussels, the main problem surrounding China’s signing of a memorandum of understanding (MoU) with Italy, a founding member of the EU, is that it might jeopardise Europe’s attempt to create a united negotiating front vis-à-vis Beijing. A common European stance versus China is being perceived by the strongest industrial countries in the Union as a necessary instrument to face the outcomes of a potential deal between Washington and Beijing on trade. Such a deal could allow American interests to secure a larger portion of the Chinese market at the expense of the European players. Read the article.