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Biden, G-7 leaders mobilize to counter China’s ‘Belt and Road’ project

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The leaders of the Group of Seven industrial democracies took aim Sunday at China’s vast “Belt and Road” infrastructure program for the developing world, pledging …
The leaders of the Group of Seven industrial democracies took aim Sunday at China’s vast “Belt and Road” infrastructure program for the developing world, pledging to establish a rival financing program that is private sector-based and, in President Biden’s words, “much more equitable.” Mr. Biden touted the G-7’s proposed “Build Back Better World” financing project approved during the weekend summit in Cornwall, England, at a press briefing Sunday.

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