Italy's Pirelli Tires Offer Blueprint on How to Pivot From China
June 21, 2023
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0:52Now PlayingItaly's Pirelli Tires Offer Blueprint on How to Pivot From China
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as posted by the channelItaly has become the ultimate litmus test for how a western economy with deep commercial ties with China can roll back that economic and corporate dependence without making an enemy out of Beijing. It’s also the most extreme example: Italy was the only Group of Seven country to sign up to China’s ambitious Belt and Road Initiative in 2019 and now it wants out. Leaders from Paris to Ottawa will be watching closely how Italy threads the needle.
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