China and Italy signed business agreements worth US$10 billion (EUR8 billion) on Tuesday, with Italian Prime Minister calling the deals an “antipasto” that should serve as a precursor to further economic ties in the future, Reuters reported. “We must bring more China to Italy and take more Italy to China,” Renzi said at a news conference in Rome with Chinese Premier Li Keqiang. With Italy’s economy now back in recession for the third time since 2008 and foreign investors wary of the country’s notorious red tape and unpredictable legal system, Renzi’s team has been eager to woo cash-rich buyers from China.
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