Italy left out of China’s ‘Belt and Road’, what is the biggest reason behind this? Jinping is getting trapped in his own trap

Italy has been left out of China’s ambitious Belt and Road project. Italy’s agreement with China under the BRI expires in March 2024 and a letter was recently sent from Rome to Beijing that it will not be renewed. Italy was associated with this project in the year 2019. The special thing is that Italy was the only major Western country that year to sign BRI, one of China’s most ambitious projects. In such a situation, Italy’s withdrawal from this project is raising many questions. In such a situation, let us know what BRI is, the reasons for Italy’s exit and how it can affect the campaign.

What exactly is BRI?

This initiative, known as ‘BRI’, is called ‘One Belt One Road’ in China. The campaign was launched in 2013 as a central concept in the foreign policy of Chinese President Xi Jinping. The main objective of this campaign is to invest extensively in infrastructure development in other countries. So far, more than 150 countries or international organizations have invested under ‘BRI’. The combined population of the BRI countries is about 75 percent and accounts for half of the gross national income. Although profit of Chinese companies is an objective, China’s intention to shift the axis of world leadership from America to us is not hidden. China continues to struggle to regain a leadership role in global affairs. That is why BRI is compared to America’s ‘Marshall Plan’.

Why is there an atmosphere of doubt on BRI?

Many European countries are already suspicious of China’s intentions. The dictatorial attitude of Xi Jinping, who amended the Constitution to remain President during his lifetime, was exposed to the world. The Corona epidemic has created an atmosphere of doubt about China. After the invasion of Ukraine, China adopted a pro-Russian stance. China has a trade war going on with America. China keeps threatening attacks on Taiwan from time to time.