Italy has formally notified China of its withdrawal from the Belt & Road infrastructure initiative, according to two government sources
Italy to withdraw from China’s belt and road initiative, say sources
Why do you need belt and road if you plan to be usa satellite.
Ukraine war fucked up belt and road grand plan of linking europe to china through land
The current western libs plan is to shoot everyone on border, make india new exploitation node, and start preparing africa to be the next superexploitation central.
P.s. I should note that against that idea is china being a massive buyer of euroshit themselves, and india being a peasant country cause they didn't do socialism, and so the pain of industrialization is yet to come
Could go through Turkey. But yeah, west is trying to just destroy everything as always.
Why do you need belt and road if you plan to be usa satellite.
They'd be way out on the end of it, so... not a huge loss. I'd be far more concerned if Turkey or Egypt pulled out, as they are central to transportation in the region.
I imagine this is easy to do for a government with very little stake in long-term infrastructure development and a need to score a few quick points among the reactionary "How dare all these Chinese ex-pats move into my neighborhood!" landlord wing of the current governing coalition. But in another five or ten years, they'll be out and a new pro-growth government is going to find BRI more attractive. China will still be rolling out new connections then, and Italians will only have missed out on being early adopters.
The current western libs plan is to shoot everyone on border, make india new exploitation node, and start preparing africa to be the next superexploitation central.
That's certainly the plan. But its becoming increasingly difficult to exploit regions of the globe that are catching up industrially. That's the core threat of the BRICS coalition. The NATO states are running out of cheap labor to buy and rich countries into which they can sell. And efforts to threaten BRICS states only force them closer together, as evidenced by the Ukraine War being the last nail in the coffin for a Sino-Soviet split.
If the American dollar keeps slipping as global reserve currency, its not clear why BRICS states will even need to trade with the western bloc at all. And as countries like Brazil, India, and South Africa pull away from the imperial core, they're going to drag a lot of their neighbors along with them.
But i'mean underlying premise of belt and road is unifying trade in eurasia bypassing sea routing, and making china less vulnerable to the blockade.
Europe seems willing to self-combust by sanctions of that trade and friendshoring usa operations, so chinese trade routes to europe will become less valuable. If i were china i would be hurrying up their double circulation (consumer-driven in lib speak) economy, cause they don't have much time left, and losing billion of customers won't be great
If the American dollar keeps slipping as global reserve currency, its not clear why BRICS states will even need to trade with the western bloc at all
The west still exports a ton of technology and the US controls them which is why China had to smuggle and develop their own chip technology. Obviously China can become the new chip leader, but it's unlikely that they'll be able to be completely self sufficient to the point that no one relies on the west.
And to think Italy would be communist without the CIA
Even before the 1946 elections. Before Mussolini's march in Rome, Italy was in it's way to either elect, or by other means, have communist/leftist goverment.
Italians really were robbed.
Like, imagine living in a worker's controlled state on the Mediterranean. When I die, I hope I can go to hell because a rightfully pissed off God sent me to punish Mussolini myself.
“Sorry guys, mom (
) says I can’t play with you anymore.”Honestly? Good. Go crumble under the weight of your own isolationsim and austerity. The world can move on without fascist Italy.
“It’s now time for a more effective relationship between Italy and China,” said the then prime minister, Giuseppe Conte, in March 2019. During a visit to Rome, the Chinese president, Xi Jinping, was treated like royalty, and the two countries struck commercial deals in a variety of areas, including tourism, food and football.
lol. Their reason is just racism.
I expect to see a lot of "spontaneous and organic" colour revolutions in various potential B&R nations in the coming decades. At some point China will have to accept that the US can and will try to coup every other government in the world before they'd ever let them develop.
(Not saying that Italy was the US's fault, I don't know enough about it to make that claim)
(Not saying that Italy was the US's fault, I don't know enough about it to make that claim)
If not directly, the US was certainly responsible via Gladio
One of the things attractive about China's aid is that much of the time it involves little changes in the receiving government's policies. China is aiding many reactionary and corrupt countries develop. It's going to be pretty difficult to efficiently propagandize leaders and citizens that China is trying to control them when they're not making any strict demands like the US. Of course, the west can always cause instability instead of installing pro-US governments. They can back an idiot who can only see short term and embezzle all the funds to himself and end up getting killed and cause civil wars, or continue funding jihadists and ethnic conflicts; a war torn country that can't take any side is better than one that side with China, and even then the US and Eruope will be the only ones who are enthusiastic about military intervention, so they can take control while China stays far from it.
Yeah, that's exactly my concern. That the US would rather watch the entire world collapse rather than allow these countries to develop in any way.
Italy is 100% our fault :Gladio-shining:
Look, Meloni’s government is far right but people are talking as though Italy had a choice to begin with. Even if Italy had been run by a socialist party, it still doesn’t have a choice.
The war in Ukraine has permanently severed Europe’s economic ties with Eurasia. This is America’s sanctions against Europe. This is America’s disciplining and punishing Europe for even trying something like building the Nord Stream pipelines.
The loss of Russian gas supply has crippled both Germany and Italy’s economies, both of whose manufacturing industries had heavily depended on cheap supply of Russian natural gas. The bombing of Nord Stream pipelines further drove home the fact that America would never allow Europe to break free of its grips.
Europe now lacks energy sovereignty, its fossil fuel supply is controlled by the US, its defense (NATO) is fully dependent on America’s funding, its currency has significantly weakened against the dollar (which is what most commodities are priced in), reducing its capacity to import and transition towards alternative (green) energy systems, and is now on the way towards permanent de-industrialization.
There is quite literally nothing Europe can do to get out of the crisis. If America cuts off energy supply to Europe, it’s game over for them. We are talking about severe economic depression when you have a deficit in fuel and electricity, which further cripples logistics, manufacturing, agriculture and basic infrastructure in the country. The quality of life is going to fall off the cliff if they even dare to think about doing something stupid.
All the far right nationalists in Europe, if they ever win an election in their countries, will find themselves in the same situation as Italy’s Meloni.
People like to make fun of Dark Brandon, but he really is one of the most ruthless presidents out there.
Europeans are supremely cucked. They will blame migrants and Islam as the root cause of their woes and happily bow down every time the POTUS arrives to invite domestic industries to move to the US lol
I know this is not a popular opinion here, but Nord Stream was always a bad idea. They should've spent that money and effort on alternative energy source development instead. Being reliant on fossil fuels is not energy sovereignty no matter what country the fossil fuels come from.
Cheap Russian gas was what allowed German manufacturing to compete with the rest of the world while paying their labor at relatively high wages. It was a significant factor in why post-2009 EU recovered its economy so rapidly.
Without a strong industrial economy, Germany (and the rest of Europe by extension) would never have the means to transition into green energy to begin with.
Yeah but now the Europeans are still burning natural gas but LNG which is way more energy intensive to create and transport. Even China, with its massive manufacturing capabilities in renewables and world leading investment still need gas and coal as they transition.
Nordstream wasn't the best option, but what's happening now is certainly worse.
least cringe italian politics moment
Death to America
I can't imagine this bothers China at all... "Thanks for not letting us pour a bunch of resources into a dead-end project!"
i mean had anything actually come of it yet? just 4 years, on the opposite end of the continent?
So this means that they're gonna go whole hog on the U.S's Gas Pipe Extreme Plan
must be really frustrating for the chinese how stupid we are
Considering how many Chinese tourists are visiting Italy, the belt and road initiative might be just to literally protect its own citizen. Bridge literally collapsing killing people, floods every year, football stadium in shambles, traffic congestion, 25% youth unemployment rate, no funding for science, Venice is literally sinking 2mm per year. Every Italian I know is seething about the state of their country, Italy is experiencing massive brain drain with regards to scientists.
Italexit
Time to make Spain join the BRI, build the Atlantropa Dam and drain the Mediterranean to crash Italian coastal cities economy
I wanna see at least one of those really stupid but really impressive projects like Atlantropa done in my lifetime. We need the Northern European Enclosure Dam for no other reason than to fuck over the anglos
Mama Mia!
It was true then and it's still true today