The Italian government has notified China that it's pulling out of the Belt & Road Initiative or BRI, according to reports from multiple news outlets.
Italy became the first and only G7 nation to join the BRI when it signed a memorandum of understanding with China in 2019.
Here's our Rome correspondent Giles Gibson with some analysis about the timing of this decision.
IN: "I suppose the…"
OUT: "...of the BRI."
DUR: 00:45
DUR: 00:45