Is the G7 global infrastructure announcement an attempt to catch up to China?

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.

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About This Source - Global News

Global News is the news and current affairs division of the Canadian Global Television Network, based in Vancouver, Canada.

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