Italy Is Turning Away From the Chinese Communist Regime

5Mind. The Meme Platform
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

Contact Your Elected Officials
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.

The Seditious Six ARE the Enemies Within

America has gotten soft thanks to a desire to appease the progressive liberals and this softening can actually lead to the downfall of a nation.

REP. JASMINE CROCKETT WINS 2025 TURKEY OF THE YEAR AWARD

“Our Ringside Politics shows annually award a ‘Turkey of the Year’ to a politician, bureaucrat, or celebrity especially deserving the distinction.”

CDC to Nuke Newborn Hepatitis B Vaccine Recommendation?

ACIP will consider the case against giving hepatitis B vaccines to newborns whose mothers are not infected, arguing the shots may be unnecessary.

Ukraine’s Anti-Corruption Investigation Is Turning Into A Rolling Coup

Russian Ambassador Rodion Miroshnik claims Yermak was dismissed to shield Zelensky as pressure mounts from an ongoing investigation.

An Unseen Tale of Marjorie Taylor Greene

The sudden resignation of Georgia Republican Representative Marjorie Taylor Greene has had journalists and political pundits pondering.

Trump Says He’s Already Picked Powell’s Replacement as Federal Reserve Chair

President Donald Trump said on Nov. 30 that he has already decided on his pick to replace Federal Reserve Chair Jerome Powell.

What to Know About the ‘764’ Online Predator Network and the Federal Crackdown

DOJ officials are attempting to crack down on an online predator network known as “764,” as online exploitation of vulnerable groups increases.

Afghan Parolee Charged With Terroristic Threat

The case, in addition to a recent shooting of...

Trump Says He Will Pardon Ex-Honduran President Convicted by Jury in US Drug Case

President Trump grants a full pardon to ex-Honduran President Juan Orlando Hernandez, who is serving 45 years in the U.S. for drug and firearms convictions.

Trump Says He Is Canceling All Biden Executive Orders Signed With Autopen

President Trump announced he is revoking executive orders and other presidential actions previously signed by former President Joe Biden using an autopen.

Trump Says US May Cut Income Tax Completely in Next Couple of Years Due to Tariff Income

Trump said the U.S. could end income taxes within a few years, citing tariff revenue as the reason such a shift might be possible.

USCIS Stops Processing All Afghan Immigration Requests After DC National Guard Shooting

USCIS has stopped processing all immigration requests relating to Afghan nationals indefinitely pending further review of security and vetting protocols,
spot_img

Related Articles

Popular Categories

MAGA Business Central