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Italy Joins China's New Silk Road Project

(www.bbc.com)
132 points pseudolus | 1 comments | 23 Mar 19 13:13 UTC | HN request time: 0s | source
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jjcc ◴[23 Mar 19 20:12 UTC] No.19472128[source]▶
There is some information that usually won't show up in BBC but discussed in other places which might worth some attention for HNers:

Some part of the cooperation is on development of Africa which probabley is part of China's current plan or even part of OBOR. We know that Italy is major victim of the wave of iligle immigrants accross the ocean. An inductrialized and stable Africa is also in the interest of Italy. That could explain why Italy is more interested in OBOR than other Eurapian countries.

Does that make sense?

replies(3): >>19472278 #>>19472320 #>>19472419 #
1. westiseast ◴[23 Mar 19 21:20 UTC] No.19472419[source]▶
I’m not sure that passes a basic sniff test.

It’s much more likely after decades of poor economic management and a weak economy, Italy is willing to sacrifice some principles/accept some risk in return for Chinese investment in ports and businesses. China has invested heavily in Greece as well for the same reasons.