Italy’s referendum on the outcome of the failure means that the global economic and political instability has seriously affected the people’s feelings about the enforcers, The European integration process has slowly become a distant dream.
The recent news illustrates this point:
- Britain is out of the EU.
- Trump surprisingly wined the president.
- Italy’s constitutional referendum failed.
Italian PM will resign after approval of 2017 budget. Although he has tried his best to convince people to say yes to the vote, the proposed reform of the constitution was rejected with 59 percent of the vote according to the Interior Ministry results. It’s more like a warning that nobody can change the decision of people.
Italy will still have a government even in case of a “No” win at a Dec 4 referendum on constitutional reform, Prime Minister Matteo Renzi said Monday. It seems that he still insist his thinking to the “new policy”, and so does the OECD. The 35-member Organization for Economic Cooperation and Development (OECD) appeared to back this up, saying the Italian government’s constitutional reform law “will be a step forward in the reform process and will strengthen political and economic governance.”
When concentrate in Chinese, as the US said that they won’t change the policy toward China although president-elect Donald Trump’s phone call with Taiwan leader Tsai Ing-wen.
Due to the change in Europe, America will be the superpower for a long time.
In my personal view that China should take actions and foresee and still be Alert. Shi Yinhong, a professor of international relations at Renmin University of China, said: “We hope China-US relations will remain stable during Trump’s term. However, we should be mentally prepared for one thing, that is the huge impact on bilateral trade and economic ties possibly brought by Trump’s administration.”
Compare with other area, Chinese global status is rising. We welcome investments and development from you all.