Chinese investment in Italy is “below potential” and should increase, Italian President Sergio Mattarella said on a visit to Beijing.
Italy’s trade with China needs “re-balancing” between import and export, Mattarella told Chinese Premier Li Qiang on Friday, Sky Tg24 reported. Mattarella noted that the value of Italy-China trade doubled from 2016 to 2022 to €74 billion.
Italy “cherishes” Chinese investment in the country and encourages Italian investment in China, which reached €15 billion in 2023, Mattarella said.
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