23 March 2019

Italy’s plan to join China’s Belt and Road Initiative ruffles feathers


China’s president, Xi Jinping, was due to land in Rome on March 21st, as The Economist went to press. His itinerary will include a state dinner, accompanied by a performance by Andrea Bocelli, an Italian opera star. Even more enjoyable for Mr Xi will be welcoming Italy into his Belt and Road Initiative (bri), a programme of infrastructure projects that spans Eurasia, the Middle East and Africa. Italy’s prime minister, Giuseppe Conte, hopes the planned agreement, due to be signed on March 23rd, will boost Italian exports to China. But the accord has caused consternation both within his government and among Italy’s traditional allies.

The bri is China’s project to create a modern-day Silk Road, the ancient network of trade routes which once connected east and west. Billions of dollars have been invested since it was launched in 2013 across over 60 countries, in disparate infrastructure projects including railways, roads and ports. Some estimates of the total investment over the coming years run to $1trn or even more.

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