China

G7 leaders adopt ‘Build Back Better World’ plan to rival China’s belt and road strategy




The Group of Seven richest democracies on Saturday sought to counter China’s growing influence by offering developing nations an infrastructure plan that would rival President Xi Jinping’s multitrillion-dollar Belt and Road Initiative (BRI).The G7, whose leaders discussed strategic competition with Beijing during their meeting in southwestern England, has been searching for a coherent response to the growing assertiveness of Xi after China’s surging economic and military rise over the past 40…



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