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After a 5-year trial, Italy has decided to withdraw from the Chinese Belt and Road Initiative and is seeking to further develop the bilateral relationship outside of this framework
The trade relationship between China and the US has been deteriorating, a trend that began during the Trump administration and has continued under Biden. While the EU has been more cautious in its approach, its patience with China’s trade practices is wearing thin, leading to potential further strain in the trade relationship between China and the West.