The Limited Times

Now you can see non-English news...

Western response to the "silk roads"

2021-06-15T10:31:16.214Z

STORY - A G7 project, overseen by the United States, wants to thwart China's ambition. Building an alternative to Chinese influence in the world also requires the economy. The United States proposed to its G7 partners to launch a Western counter-offensive to compete with China's “new silk roads”. Through this vast plan launched in 2013, Beijing has funded up to $ 3.7 trillion in infrastructure projects in around 100 countries, from Asia to Europe and Africa. But, faced with concerns



Building an alternative to Chinese influence in the world also requires the economy.

The United States proposed to its G7 partners to launch a Western counter-offensive to compete with China's “new silk roads”.

Through this vast plan launched in 2013, Beijing has funded up to $ 3.7 trillion in infrastructure projects in around 100 countries, from Asia to Europe and Africa.

But, faced with concerns about an increased dependence of certain countries on China, such as Montenegro recently, Washington intends to resume the offensive.

Read also:

Joe Biden wants to enlist Europe against China

The needs are estimated at 40 trillion dollars by 2035 in low-income countries, exacerbated by the consequences of the pandemic.

“We know there is a huge need for infrastructure in Africa.

We cannot just say that China will take care of it, ”

explained German Chancellor Angela Merkel.

“It is good to present a more positive alternative to the Chinese model, which takes

This article is for subscribers only.

You have 53% left to discover.

Freedom has no borders, like your curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-06-15

You may like

News/Politics 2021-06-16T09:28:47.781Z
News/Politics 2021-05-19T10:49:09.723Z
News/Politics 2021-06-15T10:31:16.214Z
News/Politics 2021-05-07T05:02:20.954Z
Business 2021-03-26T15:31:23.146Z
Business 2021-05-07T01:27:23.446Z

Trends 24h

Latest

© Communities 2019 - Privacy