G7 to counter China’s ‘Belt and Road’ ...News

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G7 to counter China’s ‘Belt and Road’
President Biden said America will foot a third of the $600 billion G7 infrastructure program meant to rival China’s initiative G7 nations are to invest as much as $600 billion into the infrastructure of less-prosperous nations around the world, with the US footing one third of the bill over the next five years. The announcement was made on Sunday in Germany, with the money supposed to rival the Chinese Belt and Road Initiative. Flanked by other leaders of the G7 group, US President Joe Biden said Western countries were committing to “financing for quality, high-standard, sustainable infrastructure in developing a

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