19.1 C
New York
Thursday, June 13, 2024

G-7 wants to rival China’s Belt and Road plan — but it won’t stop Beijing, expert says

  • The Group of Seven wealthy nations have agreed to set up an infrastructure plan to compete with China's massive Belt and Road Initiative.
  • The plan is not intended to stop the Belt and Road Initiative, said Matthew Goodman of Washington D.C.-based think tank Center for Strategic and International Studies.
  • Still, it could make a "significant contribution" in closing the world's infrastructure gap by channeling investments into developing countries," said Goodman.

Related Articles

Latest Articles