China Can’t Form its Own Alliance — Simone Gao with Keith Krach | Zooming In China

G7 adopted the U.S.-led proposal Build Back Better World as an alternative to China’s Belt and Road Initiative. But can it compete with China’s investment?

Despite the G7’s newly formed alliance against China, China is still the hottest spot for foreign investment, can Beijing form its own alliance to battle the western world?

Keith Krach was the under secretary of state responsible for economic diplomacy during the Trump administration. The Blue Dot network his team drafted was adopted by the Biden Administration and is now the Build Back Better World initiative. This Silicon Valley veteran has a good track record of defeating China’s economic aggression, particularly Huawei’s ambition to take over the global 5G communications. I discussed with him the strategies to deal with the China challenge, what works and what doesn’t.