Meloni Seeks to Shrink Chinese Holdings at Key Italian Companies

The Italian government led by Giorgia Meloni is exploring ways to limit Chinese investors' stakes in strategically important Italian companies. This move is seen as an effort to avoid potential tensions with the United States, which has expressed concerns about China's growing influence in Europe. The plans are still under discussion, but the government is considering measures that would cap Chinese ownership in specific sectors, particularly those deemed critical to national security or economic interests. The goal is to maintain a balance and protect Italy's strategic assets while navigating the geopolitical landscape. The decision comes as the US has been increasingly vocal about its concerns over China's expanding presence in Europe, particularly in sensitive industries. Italy's actions are likely a response to these concerns and an attempt to align its policies with those of its transatlantic ally. The potential changes are expected to have implications for Chinese investors already holding stakes in Italian companies, as well as for future investments. The government's move highlights the growing tensions between China and the West, with Italy seeking to balance its economic interests with its strategic alliances.