G-7 touts $831 billion global infrastructure plan to rival China’s

MUNICH (AFP) – The G-7 group of rich democracies on Sunday (June 26) announced an attempt to compete with China’s formidable Belt and Road Initiative (BRI) by raising some US$600 billion (S$831 billion) for global infrastructure programmes in poor countries. The Partnership for Global Infrastructure and Investment, unveiled with fanfare by US President Joe Biden […]