G7 leaders agree spending plan to counter China’s influence

Kindly Share this story

Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Related Post
ADVERTISEMENT

The G7 leaders have agreed on a spending plan for infrastructure investment in developing countries to counter China’s growing global influence.

The White House said the Build Back Better World plan was adopted after President Joe Biden and the other leaders met to discuss their strategic competition with China, during the summit in Cornwall.

Beijing has invested billions of dollars around the world in its Belt-and-Road initiative. Critics say the programme has saddled poorer nations with debts they can’t pay back.

The US and its allies also accuse China of forced labour and other human rights abuses in Xinjiang province.

Related Posts

Thanks for subscribing to our newsletter