iFund- Italian PM Confirming Italy wants a deal with China in Belt and Road

2019-03-19 10:04
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Italy fell into recession at the end of 2018 for the third time in a decade and the government is eager to find ways to boost the economy and revive the stalled construction sector.

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Prime Minister Giuseppe Conte says Italy will sign an accord with China during forthcoming visit of Chinese President Xi Jinping, in remarks cited by newswire Ansa.

A deal to help exports

Italy fell into recession at the end of 2018 for the third time in a decade and the government is eager to find ways to boost the economy and revive the stalled construction sector.

Conte believe that with all the necessary precautions, Italy’s accession to a new silk route represents an opportunity for our country. Conte also planned to attend a BRI summit in China in April promised to bring European Union trade standards to the ambitious project. Conte add that Italy will be forced to do anything in the next day. It will allow us to enter into this project and have a dialogue.

As a result, Italian PM respond is positive to the Financial Times rumours. Italy face risk of recession and European also struggles to recover, Belt and Road projects will be the new engine of European countries.

Funds related to “Belt and Road”

Invesco Belt and Road Bond Fund A MDis HKD
Invesco Belt and Road Bond Fund A Acc USD
Invesco Belt and Road Bond Fund A MDis USD
BOCHK All Weather Belt and Road Bond Fund A2 MDis HKD
BOCHK All Weather Belt and Road Bond Fund A1 MDis USD
BOCHK All Weather Belt and Road Bond Fund A8 MDis RMB (Hedged)

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