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US aims to raise $200bn as part of G7 rival to China s Belt and Road - World

US aims to raise $200bn as part of G7 rival to China s Belt & Road

WASHINGTON: The US aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7 initiative aimed at countering China’s multitrillion-dollar Belt and Road project, the White House said on Sunday. US President Joe Biden will unveil the plans, flanked by other Group of Seven leaders, some of whom have

U S aims to raise $200 billion as part of G7 rival to China s Belt & Road | WTVB | 1590 AM · 95 5 FM

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