Geopolitics is back this year with a bang. Italy’s prime minister Mario Draghi has quietly pulled Italy out of China’s Belt and Road Initiative, reversing the 2019 decision to become the first G7 state to sign up to China’s sphere of influence. Draghi says that Italy’s foreign policy will be more pro-Europe, more Atlanticist and more “in line with Italy’s historical anchors.” In recent weeks the EU has also put its proposed trade deal with China on ice. In the US, President B