have come out to talk about a global infrastructure initiative. this is in no small part aimed at taking on and challenging what china is doing with the belt and roads initiative. china developing throughout the world infrastructure though the u.s. and g7 partners say this project which i think there is about #$200 billion in grants ad other forms of infrastructure investment, this project will not leave all the other countries in china s debt. so it is an attempt to make the case to these developing nations don t get into bed so to speak with china because they are just going to own you because of all the debt you ll accrue in the infrastructure they build in your country. we are here to help you out as a g7 partner, trying to look at the world more broadly and holistically as a way to have democracies engage in the developing world beyond the way that they re doing. so right now let s listen to president biden.
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