pirelli said sunday that the italian government has limited the influence of chinese stateowned company sinochem a major shareholder in the company including its ability to nominate a new chief executive the italian tire maker said that china national tire and rubber corp a company of sinochem group must give pirelli full autonomy in regard to its strategic industrial and financial plans the decision falls under italys golden power rule that allows the government to intervene in matters deemed to be in the national public interest pirellis technology is also protected by the ruling the company said