Chinese funding in Italy is “beneath potential” and will improve, Italian President Sergio Mattarella stated on a go to to Beijing.
Italy’s commerce with China wants “re-balancing” between import and export, Mattarella advised Chinese Premier Li Qiang on Friday, Sky Tg24 reported. Mattarella famous that the worth of Italy-China commerce doubled from 2016 to 2022 to €74 billion.
Italy “cherishes” Chinese funding within the nation and encourages Italian funding in China, which reached €15 billion in 2023, Mattarella stated.