Global News published this video item, entitled “Is the G7 global infrastructure announcement an attempt to catch up to China?” – below is their description.
At the G7 Summit this week, Canadian Prime Minister Justin Trudeau and his counterparts announced new details of a $773 billion plan to invest in sustainable infrastructure projects across the developing world.
It’s being seen as the West playing catch-up to China’s decade-old Belt and Road Initiative.
At a time when the global economy is stumbling, world leaders were eager to stress that the partnership for global infrastructure investment is not charity — but investment.
Global’s Redmond Shannon takes a look at what it will involve and the reasons behind it.
For more info, please go to https://globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #G7Summit #BeltandRoad
Global News YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.