Italy Is Turning Away From the Chinese Communist Regime

Contact Your Elected Officials
The Epoch Times

A piece of breaking news appeared on various popular Chinese-language websites on June 7 claiming that the Italian Prime Minister Mario Draghi had admitted that the COVID-19 pandemic had originated in Italy in a virtual interview by Radiotelevi-sione Italiana (RAI). The Chinese reports claimed that Italy had mistaken COVID outbreaks in Milan, Genoa, and Venice in the summer of 2019 for influenza.

This soon was exposed as fake news. The Italian embassy in Beijing issued a statement that afternoon, saying that “The Italian Embassy strongly emphasizes that the content of the article concerning the Prime Minister’s remarks is a complete lie and that the information has no basis whatsoever.”

This happened shortly after Italy’s recent veto of Beijing’s attempted takeover of LPE, a Milan-based semiconductor manufacturer, on March 31.

There is no way of knowing if the fake COVID-19 origins report was Beijing’s retaliation for the aborted deal but it certainly didn’t ease tensions between the two countries.

Expert: 5 Reasons Italy Is Cooling Its Relationship With China

Italy’s blocking of the Chinese acquisition was an abrupt change in course for the European nation that had been growing a close relationship with the Chinese regime in Beijing.

In 2019, Italy under the leadership of former Prime Minister Giuseppe Conte, became the first G7 country to embrace China’s Belt and Road Initiative (BRI), against the advice of the United States and other G7 members.

In 2020 when the pandemic hit, Italy was the most impacted country in Europe. China donated 31 tons of personal protective equipment and virus testing kits to Italy in March 2020, as well as a dozen medical experts to support the health response.

Italy had also been one of the most pro-China EU members in recent decades. Between 2000 and 2019, Italy received 15.9 billion euros ($19.25 billion) in Chinese investments, making it Europe’s third biggest beneficiary. Recent financial troubles saw numerous China-based companies acquire a number of Italian businesses. As of 2020, more than 400 Chinese groups held stakes in 760 Italian companies across “highly profitable or strategic sectors.”

One of the best-known acquisitions was that of the AC Milan football club for 740 million euros ($788 million), previously owned by former Prime Minister Silvio Berlusconi.

By Pingping Yu

Read Full Article on TheEpochTimes.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Are conservatives fighting a fiction of woke?

Wokery, it hurts to say it, is too disorganized to have an organized cosmology or doctrine of metaphysical belief.

Illinois Democrat Offenders Reveal Party

The crime of J.B Pritzker and Brandon Johnson in this episode of American history is called subversion at the least , but could be as serious as treason.

Inside the Public School Librarian Jihad to Keep Transgender Propaganda on Shelves

Public school librarians are doing all they can to keep child tranny propaganda flowing directly into the malleable minds of their charges.

Five Reasons Why The Latest Czech Elections Were So Important

Populist-nationalist politician Andrej Babis is poised to return to the premiership after his party's victory. Here are 5 reasons why this is so important.

Bad Bunny is the NFL’s Latest Insult

After years of advocating social justice causes, the NFL chose left wing, gender fluid rapper Bad Bunny to headline the next Super Bowl. Does the NFL want conservatives fans?

29-Year-Old Florida Man Arrested Over Palisades Fire

A 29-year-old Melbourne, Florida man was arrested for allegedly starting the Palisades wildfire that burned for weeks and killed 12 people.

FBI, LAPD Raid Mexican Mafia-Linked Gang in Southern California

FBI and LAPD raided a Mexican Mafia-linked gang in Southern CA, arresting a dozen individuals in connection to the Rancho San Pedro organization.

James Comey Pleads Not Guilty to 2 Federal Charges

Former FBI Dir. James Comey pleaded not guilty in federal court on Oct. 8 to charges of making a false statement and obstructing a congressional proceeding.

Judge Upholds Nassau County Ban on Transgender Athletes in Women’s Sports

A New York judge on Oct. 6 upheld a Long Island county law banning male athletes from participating in women’s sports at county-run facilities.

Trump Says He May Invoke Insurrection Act in Portland If Necessary

President Donald Trump on Oct. 6 said he may consider invoking the Insurrection Act in Portland, Oregon, if necessary.

Trump: All Medium, Heavy Duty Trucks Entering US Will See 25 Percent Tariff on Nov. 1

President Trump announced on Monday that all medium and heavy-duty trucks entering the United States will see a 25 percent tariff starting on Nov. 1.

Treasury Names Social Security Commissioner as CEO of IRS

Treasury Sec. Scott Bessent announced that Frank Bisignano, the head of the Social Security Administration (SSA), will also serve as CEO of the IRS.

Agencies Terminated, Descoped 94 Wasteful Contracts With $8.5 Billion Ceiling Value, Says DOGE

Various federal government agencies have terminated and descoped 94 wasteful contracts over the past five days, DOGE said in an Oct. 4 post on X.
spot_img

Related Articles

Popular Categories

MAGA Business Central