President Biden and G7 leaders pledged $600bln to a new global infrastructure project for emerging market economies to counter the Chinese regime's Belt and Road initiative. G-7 leaders from the US, Canada, Germany, Italy, Japan, and the European Union gathered at a summit in Bavaria, Germany, on Sunday and unveiled the Partnership for Global Infrastructure and Investment (PGII) that will "will deliver game-changing projects to close the infrastructure gap in developing countries, strengthen the global economy and supply chains, and advance…
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