US' Biden launches G7 scheme to rival China's Road and Belt plan


Britain's Prime Minister Boris Johnson, his wife Carrie Johnson and US President Joe Biden with first lady Jill Biden walk outside Carbis Bay Hotel, Carbis Bay, Cornwall, Britain, ahead of the G7 summit, on Thursday June 10, 2021. - AP

LONDON, June 13 (Bernama): Seeking to counter China’s influence at a gathering of the leaders of the world’s top economies, US President Joe Biden on Saturday launched an infrastructure initiative for developing countries.

The Build Back Better World (B3W) Partnership, introduced at the G7 summit in Cornwall, England, is meant to be a counterweight to China’s Belt and Road Initiative, Anadolu Agency reported.

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