Is the G7 global infrastructure announcement an attempt to catch up to China?
CA, 04 Jul 2022
At the G7 Summit this week, Canadian Prime Minister Justin Trudeau and his counterparts announced new details of a $773 billion plan to invest in sustainable infrastructure projects across the developing world.
It’s being seen as the West playing catch-up to China’s decade-old Belt and Road Initiative.
At a time when the global economy is stumbling, world leaders were eager to stress that the partnership for global infrastructure investment is not charity — but investment.
Global’s Redmond Shannon takes a look at what it will involve and the reasons behind it.
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It’s being seen as the West playing catch-up to China’s decade-old Belt and Road Initiative.
At a time when the global economy is stumbling, world leaders were eager to stress that the partnership for global infrastructure investment is not charity — but investment.
Global’s Redmond Shannon takes a look at what it will involve and the reasons behind it.
For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #G7Summit #BeltandRoad
