The Italian government hopes to reduce or cancel Chinese investment in companies such as Pirelli, and the Ministry of Foreign Affairs has responded.

According to reports, the Italian government hopes to reduce or cancel Chinese investments in companies such as Pirelli, Ansaldo, CDPReti, etc., in order to avoid conflicts with the Trump administration. For example, Pirelli may face sales bans in the US due to ChemChina's stake. Chinese Foreign Ministry spokesperson Lin Jian stated that Sino-Italian investment cooperation is mutually beneficial and not aimed at any third party, nor should it be interfered with by third parties. The Chinese government consistently supports Chinese companies in conducting international cooperation based on market principles, and hopes that Italy will provide a fair, just, non-discriminatory business environment for Chinese enterprises, effectively safeguarding their legitimate rights and interests.