Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (1125745)	3/21/2019 9:15:27 AM
From: sylvester80	Respond to of 1574787

tRump LOSING: Italy’s Embrace of China’s ‘Belt and Road’ Is a Snub to Washington Beijing’s revamp of Silk Road routes could boost port cities such as Trieste. By Vernon Silver and Sheridan Prasso March 18, 2019, 10:00 PM MST bloomberg.com A container terminal at the port of Trieste. PHOTOGRAPHER: FABRIZIO GIRALDI More than seven centuries after a 17-year-old Marco Polo set off from Venice on a voyage that would culminate at the court of Kublai Khan, the Italian city continues to tout itself as the westernmost point of the ancient Silk Road, China’s gateway into Europe. Now it faces some competition from Trieste, an increasingly busy port city on the northeastern edge of Italy, whose contributions to commerce and culture included popularizing coffee by importing, roasting, and shipping the beans northward, to Vienna’s cafes and beyond. Today, Trieste is eagerly preparing to open its port to China as a European point of entry for the “Belt and Road” initiative (BRI), a massive infrastructure spending project designed to bolster sales of Chinese-made goods and services around the world. China and Italy are expected to sign a preliminary agreement in Rome during a state visit by President Xi Jinping scheduled for March 22. Italy will become the 124th nation to sign on, but it will be the first in the Group of Seven, in defiance of loud warnings from the U.S.—and more quietly voiced concerns from some quarters of Europe—that Belt and Road is first and foremost a vehicle for Beijing to expand its sphere of influence.