The move is meant to shield the tire maker's autonomy at a time of strained relations between China and the West.
The decision is part of theannounced this week by Rome's right-wing administration to shield the autonomy of Pirelli and its management.
Pirelli said Rome had concluded that any changes to the company's corporate governance, including the failed renewal or signing of its shareholder agreement, should be subject to government scrutiny. Rome also said Sinochem should pick no more than eight members of Pirelli's 15-strong board, leaving four to Camfin.
Announcing the remedy on Friday, the government said that "some" strategic decisions by Pirelli's board would require approval from at least 80% of its directors.
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