The G-7 initiative to counter Beijing’s infrastructure diplomacy can’t end up as a bridge to nowhere. Here’s what it should look like.
There’s good reason to be skeptical about U.S. President Joe Biden’s plan for an alternative to China’s Belt and Road Initiative, the infrastructure-building bonanza that Beijing uses to expand its global clout. Sure, the Group of Seven nations committed to the idea last month, calling it “Build Back Better World,” or B3W.
