Italy Eyes Curbs on Chinese Investment in Strategic Firms Amid US Concerns

The Italian government is reportedly considering imposing restrictions on Chinese investors’ stakes in Italian companies deemed strategic, aiming to avoid friction with the United States. Bloomberg news agency cites sources familiar with the matter. The government’s efforts would target both private firms and state-participated entities, such as Pirelli and CDP Reti. A spokesperson for China’s Foreign Ministry stated that “investment cooperation between Italy and China brings mutual benefits,” expressing hope that Italy will continue ensuring fair treatment for Chinese companies.