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.

Direct Election of U.S. Senators: Reform or Mistake?

The direct election of U.S. Senators diminished federalism, stripped states of checking federal power and greatly expanded federal power.

Don’t Miss the Jazz Renaissance Happening All Around You

A genuine renaissance is underway in jazz, carried by musicians of astonishing ability and artistic character.

The New Russian-Indian Military Logistics Pact Sends Five Messages To The World

These five messages collectively show that Russia isn’t at risk of becoming a Chinese vassal nor is India at risk of becoming an American one.

NOT Trump’s 3rd Assassination Attempt and Definitely NOT Fake!    

This is not the the “third assassination attempt” on the life of President Donald Trump as much of the media is reporting.

Not Again! Lax Security Places Trump In Grave Danger

It happened again, a deranged leftist, Cole Allen, fueled by hate, came too close to assassinating President Donald Trump at the WHCA Dinner.

Former FBI Director James Comey Indicted for Second Time: Reports

Comey, a longtime critic of President Trump, had previously...

Former Fauci Aide Charged With Conspiring to Destroy Records

A former government official, Dr. David Morens, was charged with illegally conspiring to destroy records, the DOJ announced on April 28.

Shooting Suspect Sought to Kill Trump, as Many Cabinet Members as Possible, Says US Attorney

The suspect in shooting at the WHC Dinner allegedly sought to kill President Donald Trump and as many Cabinet members as possible.

DC Gala Shooting Suspect Charged With Attempting to Assassinate Trump

DOJ has charged Cole Allen, the suspect in the White House Correspondents’ Dinner shooting, with the attempted assassination of President Trump.

King Charles, Queen Camilla Greeted by President Trump, First Lady

President Donald Trump and First Lady Melania Trump welcomed King Charles III and Queen Camilla of the UK at the South Porticos of the White House on April 27.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.
spot_img

Related Articles

Popular Categories

MAGA Business Central