Leaders from the Group of Seven (G7) representing the wealthiest democracies announced $600 billion for global infrastructure programs on June 26 to counter the Chinese regime’s expansion through its financing of enormous loans to poor countries for building infrastructure. U.S. President Joe Biden and other G7 leaders pledged to raise $600 billion by 2027 for the…
G7 Leaders Announce $600 Billion Global Infrastructure Program to Take on Beijing’s Debt Trap Diplomacy
June 27, 2022
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B3Wbelt and road initiativeChinaEuropeExecutive BranchG7InternationalInternational RelationsPoliticsUSWorld
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G-7 Leaders Announce $600 Billion Global Infrastructure Program to Take on Beijing’s Debt Trap Diplomacy
June 27, 2022
admin
B3Wbelt and road initiativeChinaEuropeExecutive BranchG7InternationalInternational RelationsPoliticsUSWorld
0 Comment
Leaders from the Group of Seven (G-7) representing the world’s wealthiest democracies announced on June 26 that $600 billion would be allocated for global infrastructure programs to counter the Chinese regime’s expansion through its financing of enormous loans to poor countries for building infrastructure. U.S. President Joe Biden and other G-7 leaders pledged to raise…
Anything You Can Do: G7 Rivals China With Grand Infrastructure Plan
CARBIS BAY, England–The Group of Seven richest democracies on June 12 sought to counter China’s growing influence by offering developing nations an infrastructure plan that would rival Chinese leader Xi Jinping’s multi-trillion-dollar Belt and Road initiative. The G7, whose leaders are meeting in southwestern England, has been searching for a coherent response to the growing…
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