Xi’s Embrace of Meloni Shows China Needs Friends in Europe
President Xi Jinping’s warm welcome for the Italian prime minister offers a pointed reminder to European leaders of the economic benefits of engaging with China — and also of the potential risks. #politics #china #xijinping #meloni #italy #europe #worldnews
Italian diplomats hailed Giorgia Meloni’s five-day trip as a success after she secured a sit-down with Xi and a clutch of cooperation deals, as well as glowing reviews in Chinese state media. To pull that off, she avoided criticizing her host for supporting Russia’s war machine or overcapacity in key tech industries, according to public statements, though did warn trade ties between Italy and China must be rebalanced.
Her reception suggests Beijing is seeking to fan tensions between European Union members with the promise of lucrative bilateral ties for some, even as the 27-nation bloc as a whole moves closer to the tougher US approach to trade with the world’s no. 2 economy.
Read more: https://www.bloomberg.com/news..../articles/2024-07-22
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