Italy Exits China’s Belt and Road Project

Italy is pulling out of China’s Belt and Road Initiative (BRI), delivering a major blow to the communist regime’s ambitious project. Italy was the only member of the Group of 7 leading economic powers to have joined the trillion-dollar project, which Chinese leader Xi Jinping launched a decade ago to expand the regime’s geopolitical influence through infrastructure investment. Prime Minister Giorgia Meloni confirmed the exit from the Chinese project on Thursday. “I think that we should … improve our cooperation with China on trade, the economy,” Ms. Meloni told reporters in her first public comments on the issue since reports that Rome was communicating with Beijing about the decision, according to Reuters....