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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

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Source: lefigaro

All news articles on 2021-06-15

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