Following the expansion of Chinese-led projects in many emerging markets over the past decade, the G7 has unveiled its own initiative to support global infrastructure development, dubbed Build Back ...
Group of Seven (G7) leaders announced a new initiative called Build Back Better World (B3W) this week to better compete with China when it comes to funding the world's infrastructure needs. China’s ...
In June 2021, at the G-7 Summit in Cornwall, United Kingdom, U.S. President Joe Biden and his peers from Canada, France, Germany, Italy, Japan, and the U.K. announced the launch of the Build Back ...
The view from the Leatop Tower in Guangzhou, China. Credit: Flickr/trevor.patt Subscribe for ads-free reading On June 12, the G-7 nations unveiled Build Back Better World (B3W), a values-driven and ...
The B3W is meant to close the infrastructure gap in developing countries at a cost of 40 trillion dollars. It is a transparent and climate-conscious initiative, unlike China’s. Its main obstacle is ...
The US has plans for its first infrastructure projects in January as part of a Group of Seven (G7) initiative touted to counter the China-proposed Belt and Road Initiative (BRI), media reported Monday ...
•Critics have said that the B3W is straight out of the BRI handbook, albeit a poor replica of the original. •By the time it takes off, the BRI will be almost complete, or too advanced for the B3W to ...
Following the expansion of Chinese-led projects in many emerging markets over the past decade, the G7 has unveiled its own initiative to support global infrastructure development, dubbed Build Back ...