G-7 Aims to Raise $600 Billion to Counter China’s Belt and Road Initiative | China in Focus

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Seven world powers are looking to counter China with a new project and hundred-billion dollars in funding. It’s designed as an answer to China’s Belt and Road Initiative.

We take a closer look at why some call Beijing’s Belt and Road Initiative a form of “debt-trap diplomacy.”

Chinese state media outlets are publishing reports on the Belt and Road Initiative’s growth. Some of them are highlighting its cross-continental train line.

Communist China’s Belt and Road Initiative has expanded rapidly since its first launch. A useful tool is its cross-continental freight train.

The United States is stepping up engagement in the Indo-Pacific in an attempt to counter China’s growing influence, ahead of the next NATO meeting.

A Chinese ambassador told reporters that Beijing is ready to sell aircraft parts to Russia. But Chinese media have largely blocked the story.

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G-7 Aims to Raise $600 Billion to Counter China’s Belt and Road Initiative | China in Focus
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