China warns against ‘undermining’ Belt and Road plan after Italy withdraws
1 year ago

China warns against ‘undermining’ Belt and Road plan after Italy withdraws

Al Jazeera  

Italy, the only major Western power to have joined China’s global infrastructure initiative, is exiting in 2024. Without addressing Italy directly, China’s Ministry of Foreign Affairs issued a statement on Thursday opposing the “smearing and undermining of cooperation on the joint construction of the Belt and Road”. Foreign policy pillar BRI proposes massive investments in infrastructure such as roads, bridges and ports to recreate the ancient Silk Road trade routes linking Europe and Asia. Italy’s government notified China on December 3 of its plan to exit, reported Italian newspaper Corriere della Sera. “We have every intention of maintaining excellent relations with China even if we are no longer part of the Belt and Road Initiative,” an Italian government source told the Reuters news agency.

Italy Italian Road Beijing Bri China Warns  italy  road  infrastructure  western  italian  undermining  initiative  chinas  plan  g7  china  warns  belt  withdraws

History of this topic

Action plan shows China-Italy eyeing brighter prospects
4 months, 3 weeks ago

Action plan shows China-Italy eyeing brighter prospects

China Daily  

The action plan on strengthening the China-Italy comprehensive strategic partnership for 2024-27 was issued on Monday during Italian Prime Minister Giorgia Meloni's five-day visit to China that concluded on Tuesday. That the cooperation projects cover many sectors including electric vehicles and high-tech research, areas in which both the European Union and the United States are trying to "de-risk" from China, …

China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'
4 months, 3 weeks ago

China's Xi calls for cooperation with Italy, evoking ancient 'Silk Road'

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Meloni pulled Italy out of …

After quitting Belt & Road Initiative, Italy & China sign 3-year economic pact as Meloni seeks to reset ties
4 months, 3 weeks ago

After quitting Belt & Road Initiative, Italy & China sign 3-year economic pact as Meloni seeks to reset ties

Firstpost  

Last year, Prime Minister Giorgia Meloni pulled Italy out of Belt and Road Initiative and announced a reset of trade and economic ties with China Months after quitting China’s Belt and Road Initiative, Italy and China on Sunday signed a three-year economic agreement. Meloni’s visit to China comes at a time when China is increasingly getting involved in a trade …

Italy and China sign a 3-year action plan as Italian leader Meloni tries to reset relations
4 months, 3 weeks ago

Italy and China sign a 3-year action plan as Italian leader Meloni tries to reset relations

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

A visit to preserve China’s interests in Europe
7 months ago

A visit to preserve China’s interests in Europe

The Hindu  

The Chinese President Xi Jinping’s first trip to Europe in five years, earlier this month, was carefully constructed as evidenced by his ports of call — France, Serbia and Hungary. Mr. Xi had three goals — to prevent the EU from getting too close to the U.S., to avert a trade standoff with EU and to bolster China’s standing in …

Italy should correct wrong decision on BRI
7 months, 1 week ago

Italy should correct wrong decision on BRI

China Daily  

A China-Europe freight train departs from Xi'an Guojigang Railway Station in Xi'an, Shaanxi province, on March 7. In 2004, the two countries signed a comprehensive strategic partnership agreement, and in 2019, Italy joined the Belt and Road Initiative, elevating bilateral ties to a new level. Italian Prime Minister Giorgia Meloni and Foreign Minister Antonio Tajani have managed to only justify …

The Melody Coming From Italy And India Grates On China’s Ears
1 year ago

The Melody Coming From Italy And India Grates On China’s Ears

News 18  

This year in September, during the G20 Summit held in India, Italian Prime Minister Giorgia Meloni announced that Italy would withdraw from China’s Belt and Road Initiative. Recently, after another meeting with India’s Prime Minister, Narendra Modi, in Dubai, Meloni submitted an official letter to China on Italy’s withdrawal from the BRI. They met again in September, on the occasion …

Italy’s exit from China’s BRI. Why India should be happy
1 year ago

Italy’s exit from China’s BRI. Why India should be happy

Live Mint  

Four years after becoming the only G7 nation to join China's ambitious Belt and Road initiative, Italy has decided to leave the project. “Italy's decision to exit BRI certainly shows a complete collapse of political trust between Europe and China. Italy used to have one of the most sympathetic attitudes towards China and now we are seeing a dramatic turnaround …

Italy officially quits Chinese Belt and Road Initiative
1 year ago

Italy officially quits Chinese Belt and Road Initiative

Op India  

Italy has officially informed China that it is quitting the Belt and Road Initiative, Reuters reported on Wednesday citing Italian government sources. Another government source said, “We have every intention of maintaining excellent relations with China even if we are no longer part of the Belt and Road Initiative. Other G7 nations have closer relations with China than we do, …

Italy reportedly drops out of China Belt and Road initiative that failed to deliver
1 year ago

Italy reportedly drops out of China Belt and Road initiative that failed to deliver

Associated Press  

MILAN — Italy has formally withdrawn from China’s global Belt and Road initiative that seeks to deepen relations with foreign countries through infrastructure investments, Italian media reported on Wednesday. Italy became the first G7 country to sign on to the initiative in 2019, when the populist, anti-establishment Five Star Movement party-led government promoted it as a way of increasing trade …

Italy withdraws from China's Belt and Road project
1 year ago

Italy withdraws from China's Belt and Road project

The Hindu  

Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign up, a government source said on December 6. Prime Minister Giorgia Meloni has long been opposed to Italy's participation in an initiative viewed by many as an attempt by Beijing to buy political influence — and whose …

‘Didn’t Produce Results We Hoped For’: Italy Exits China’s Belt and Road Project
1 year ago

‘Didn’t Produce Results We Hoped For’: Italy Exits China’s Belt and Road Project

News 18  

Italy formally withdrew from the Chinese Belt and Road Infrastructure initiative, almost four years after becoming the only nation among the G7 countries to sign up for the project, government officials familiar with the developments told news agency AFP. Even as China has spent millions of dollars into infrastructure projects in Papua New Guinea, Kenya, Sri Lanka, along West Africa …

Italy withdraws from China’s Belt and Road Initiative, reports say
1 year ago

Italy withdraws from China’s Belt and Road Initiative, reports say

Al Jazeera  

Italy PM Giorgia Meloni opposed participating in plan viewed by many as Beijing’s attempt to buy political influence. Italy has withdrawn from China’s Belt and Road Initiative, more than four years after becoming the only Group of Seven nation to sign up. After months of uncertainty regarding Italy’s involvement in the ambitious project, Rome conveyed its decision in a recent …

Experts share views on Belt and Road Initiative
1 year, 2 months ago

Experts share views on Belt and Road Initiative

China Daily  

Security tops agenda from Polish perspective By BOGDAN J. G RALCZYK Ten years ago, Chinese President Xi Jinping came up with the idea of Belt and Road Initiative. Looking from the Central European, or the Polish, perspective, one can describe the current global situation thus: The world right now is different from what it was decades ago; it is more …

The BRI at 10, some hits, many misses
1 year, 2 months ago

The BRI at 10, some hits, many misses

The Hindu  

The Third Belt and Road Forum for International Cooperation that was convened in Beijing, China has put the spotlight back on Chinese President Xi Jinping’s signature initiative. Academic Xue Li likened the BRI to China’s Marshall Plan, stating that it was a gateway for China to transition from a regional power with global influence to a global power with comprehensive …

How China's Belt and Road Initiative is changing after a decade of big projects and big debts
1 year, 2 months ago

How China's Belt and Road Initiative is changing after a decade of big projects and big debts

The Hindu  

China's Belt and Road Initiative looks to become smaller and greener after a decade of big projects that boosted trade but left big debts and raised environmental concerns. Called “One Belt, One Road” in Chinese, the Belt and Road Initiative started as a program for Chinese companies to build transportation, energy and other infrastructure overseas funded by Chinese development bank …

China’s Xi warns West against economic ‘decoupling’
1 year, 2 months ago

China’s Xi warns West against economic ‘decoupling’

Al Jazeera  

The Chinese president praised his Belt and Road Initiative at its 10-year anniversary forum, saying it is the ‘right path forward’. Chinese President Xi Jinping has warned Western states against “decoupling” from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. “We stand against unilateral sanctions, economic coercion, …

'BRI Loans Neither Windfall Nor Alms-Giving': Chinese President Xi Amid Criticism Of Its Flagship Project
1 year, 2 months ago

'BRI Loans Neither Windfall Nor Alms-Giving': Chinese President Xi Amid Criticism Of Its Flagship Project

ABP News  

New Delhi: Amid criticism that China's mega projects turned out to be debt traps for smaller nations, President Xi Jinping on Tuesday saluted the countries that signed up for its flagship project Belt and Road Initiative. Addressing his welcome banquet for guests attending the third Belt and Road Forum for International Cooperation, he said that the loans provided by Beijing …

How China’s Belt and Road Initiative is changing after a decade of big projects and big debts
1 year, 2 months ago

How China’s Belt and Road Initiative is changing after a decade of big projects and big debts

Associated Press  

BEIJING — China’s Belt and Road Initiative looks to become smaller and greener after a decade of big projects that boosted trade but left big debts and raised environmental concerns. Called “One Belt, One Road” in Chinese, the Belt and Road Initiative started as a program for Chinese companies to build transportation, energy and other infrastructure overseas funded by Chinese …

How the Belt and Road gives rise to a more inclusive world
1 year, 2 months ago

How the Belt and Road gives rise to a more inclusive world

China Daily  

In the autumn of 2013, China proposed the Belt and Road Initiative, igniting the imaginations of many by rekindling the spirit of the two-millennia-old ancient Silk Road. By June 2023, China had signed more than 200 BRI cooperation agreements with over 150 countries and 30 international organizations across five continents. Looking back over the past decade, the BRI has addressed …

As China's Belt and Road project turns 10, it's about more than just development
1 year, 2 months ago

As China's Belt and Road project turns 10, it's about more than just development

NPR  

As China's Belt and Road project turns 10, it's about more than just development Enlarge this image toggle caption VCG via Getty Images VCG via Getty Images BEIJING — Representatives from dozens of countries are gathering in Beijing this week to mark the 10th anniversary of China's Belt and Road Initiative, a signature foreign policy initiative for China's leader, Xi …

China Reboots Its Belt and Road Initiative
1 year, 2 months ago

China Reboots Its Belt and Road Initiative

Live Mint  

A decade after its launch, China is trying to revive its sprawling infrastructure program by making it a lot less risky. Between 2013 and 2022, $960 billion of construction and investment deals had been reached between China and BRI participants, according to one estimate by China’s Fudan University. A document published this month by the State Council, China’s cabinet, talked …

India likely to skip China’s BRI summit
1 year, 2 months ago

India likely to skip China’s BRI summit

The Hindu  

India is likely to skip China’s third summit marking President Xi Jinping’s signature Belt and Road Initiative, which, Beijing announced on Wednesday, will be held on October 17 in the Chinese capital. Sri Lankan President Ranil Wickremesinghe is also likely to attend, Sri Lankan media reported, among several leaders from countries in Asia, Africa and Latin America. India did not …

A Decade Down the Belt and Road
1 year, 3 months ago

A Decade Down the Belt and Road

The Diplomat  

When President Xi Jinping launched the Belt and Road Initiative in September 2013, he signaled the dawn of a new era in how China engaged with the world. At home, the BRI must jockey for position in view of other leadership priorities – namely the launch of the more development-centered Global Development Initiative and China’s slowing domestic economy. The first …

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?
1 year, 3 months ago

Is India-Middle East-Europe Corridor Truly A Threat To Chinese BRI?

ABP News  

The Middle East is witnessing a paradigm change in their world as old foes are turning into friends, and hitherto unthinkable political alliances are rapidly changing the region's economic equations. Announced on the sidelines of the G20 Leaders' Summit held in New Delhi on September 9-10, the IMEC presents a possible threat to China's 'Belt and Road Initiative', or the …

Italian PM tells Chinese premier that Italy plans to leave the Belt and Road Initiative
1 year, 3 months ago

Italian PM tells Chinese premier that Italy plans to leave the Belt and Road Initiative

Op India  

In a major development during the ongoing G20 Summit in New Delhi, Italy informed China about its intention to leave the Belt and Road Initiative. Italy is the only G7 nation to have entered the Belt and Road Initiative of China, a global trade and infrastructure plan modelled on the old Silk Road that linked imperial China and the West. …

Italy May Exit China’s Belt and Road Initiative, Day After Signing India-Middle East-Europe Infra Deal
1 year, 3 months ago

Italy May Exit China’s Belt and Road Initiative, Day After Signing India-Middle East-Europe Infra Deal

News 18  

Italian Prime Minister Giorgia Meloni privately hinted to Chinese Premier Li Qiang that Italy plans to exit from China’s Belt and Road Initiative, news agency Bloomberg reported. It is worth noting that Italy is one of the signatory countries in the India-Middle East-Europe Economic Corridor memorandum of understanding signed on Saturday during the first day of the G20 Summit. The …

Italy’s PM ‘signals’ to Li Qiang seeking exit from China’s Belt and Road pact
1 year, 3 months ago

Italy’s PM ‘signals’ to Li Qiang seeking exit from China’s Belt and Road pact

Live Mint  

Italy's Prime Minister Giorgia Meloni, reportedly on Saturday, privately signalled to China's Premier Li Qiang that Italy is seeking to exit the Belts and Roads Initiative agreement was signed four years ago. Earlier in July this year, Italy's Defence Minister Guido Crosetto has said that the BRI was an "improvised and atrocious" made by Italy while signing with China. The …

Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt
1 year, 3 months ago

Italy’s Meloni meets with China’s Li as Italy’s continued participation in ‘Belt and Road’ in doubt

Associated Press  

ROME — Italian Premier Giorgia Meloni met with Chinese Premier Li Qiang on the sidelines of the G20 summit and vowed Saturday to “consolidate and deepen” relations, as Rome considers abandoning Beijing’s “Belt and Road” initiative of Chinese-built and -funded infrastructure projects. Rather, Meloni’s office said the meeting “confirmed the common intention to consolidate and deepen the dialogue between Rome …

China says 90 countries have confirmed attendance for Belt and Road Initiative conference
1 year, 3 months ago

China says 90 countries have confirmed attendance for Belt and Road Initiative conference

The Hindu  

China said on Thursday that 90 countries have confirmed attendance for its Belt and Road Initiative conference being held in October. Russian President Vladimir Putin also has a scheduled visit to China in October when the country hosts the One Belt One Road forum, Putin's aide Yuri Ushakov said recently, according to Russia's state news agency TASS. China's foreign ministry …

China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement
1 year, 3 months ago

China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement

Associated Press  

BEIJING — China’s foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping’s signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as Rome considers whether to renew the agreement. China’s official Xinhua News Agency quoted Wang as telling Tajani that “China and Italy should adhere to the right way of getting …

China touts ‘Belt and Road’ to Italy amid growing doubts in Rome
1 year, 3 months ago

China touts ‘Belt and Road’ to Italy amid growing doubts in Rome

Al Jazeera  

China’s Wang Yi hails ‘thousand-year friendship’ with Italy as Rome weighs exit from infrastructure drive. China has insisted its Belt and Road initiative has “borne fruit” in Italy amid growing expectations Rome will exit Beijing’s signature infrastructure drive. China’s Foreign Minister Wang Yi told visiting Italian Deputy Prime Minister Antonio Tajani that growing cooperation between the countries has led to …

US stokes divisions on BRI, but will Italy fall into trap?
1 year, 4 months ago

US stokes divisions on BRI, but will Italy fall into trap?

China Daily  

Aerial photo taken on Aug 12, 2020 shows a China-Europe freight train leaving for Milan, Italy from the Xinzhu Railway Station in Xi'an, Northwest China's Shaanxi Province. Italy made an "improvised and atrocious" decision in joining the Belt and Road Initiative four years ago, Italian Defense Minister Guido Crosetto said in an interview published on Sunday, claiming the initiative had …

‘Wicked Scheme’: Italian Defence Minister Laments Nation Joining Xi’s BRI Project
1 year, 4 months ago

‘Wicked Scheme’: Italian Defence Minister Laments Nation Joining Xi’s BRI Project

News 18  

Guido Crosetto, the Italian defence minister, decried Italy’s decision to join China’s Belt and Road Initiative on Sunday. Guido Crosetto, speaking to Italian news media outlet Corriere della Sera, said the decision to join the BRI was ‘wicked’ and it has failed to help the country’s exports. The global infrastructure programme kicked-off by Xi Jinping in 2013 is an infrastructure …

Italy seeking ways to break free of ‘atrocious’ BRI agreement with China
1 year, 4 months ago

Italy seeking ways to break free of ‘atrocious’ BRI agreement with China

Live Mint  

In a revelation made by Italian Defence Minister Guido Crosetto, it has come to limelight that the Italy government is seeking to break free of an agreement made with China. Minister Crosetto has said that Italy made an "improvised and atrocious" decision signing the BRI agreement, which made Italy the only major Western country to have taken such a step, …

Joining China’s Belt and Road was ‘atrocious’ decision: Italy Minister
1 year, 4 months ago

Joining China’s Belt and Road was ‘atrocious’ decision: Italy Minister

The Hindu  

Italy made an "improvised and atrocious" decision when it joined China's Belt and Road Initiative four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in an interview published on Sunday. "The decision to join the Silk Road was an improvised and atrocious act" that multiplied China's exports to Italy but did not have …

Joining China's Belt and Road was an 'atrocious' decision, Italian minister says
1 year, 4 months ago

Joining China's Belt and Road was an 'atrocious' decision, Italian minister says

Firstpost  

Even though Italy is a part of the BRI, Meloni called it a “paradox” that it is not the G7 nation with the strongest trade ties to China Italy made a “improvised and atrocious” decision when it joined China’s Belt and Road Initiative four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in …

10 years of China's Belt & Road project: South Asia barring India & Bhutan, in a bind over Beijing’s predatory tactics
1 year, 5 months ago

10 years of China's Belt & Road project: South Asia barring India & Bhutan, in a bind over Beijing’s predatory tactics

Firstpost  

Except for India and Bhutan, all South Asian countries are part of the BRI. Despite this, a closer look at their economic conditions shows that China’s BRI promises haven’t been fulfilled since the project started a decade ago. This year marks the tenth anniversary of China’s ambitious Belt and Road Initiative, a $1.4 trillion project initiated by Xi Jinping with …

SCO summit: India opposes China's Belt and Road Initiative
1 year, 5 months ago

SCO summit: India opposes China's Belt and Road Initiative

Op India  

India has declined to ratify the paragraph endorsing the Belt and Roads Initiative, a favourite project of Chinese President Xi Jinping, in the New Delhi declaration issued at the conclusion of the leaders’ summit of the Shanghai Cooperation Organisation. “Reaffirming their support for China’s ‘Belt and Road Initiative’ initiative, the Republic of Kazakhstan, Kyrgyz Republic, Islamic Republic of Pakistan, Russian …

Forum: Progress of the Belt and Road Initiative
2 years, 3 months ago

Forum: Progress of the Belt and Road Initiative

China Daily  

MA XUEJING/CHINA DAILY Editor's note: In the last almost one decade, the Belt and Road Initiative has been an integral part of the global economy and has greatly bolstered developing economies. It should be noted that next year marks 10 years since the Belt and Road Initiative was first proposed, when Chinese President Xi Jinping called on countries in Central …

Forum: Progress of the Belt and Road Initiative
2 years, 3 months ago

Forum: Progress of the Belt and Road Initiative

China Daily  

MA XUEJING/CHINA DAILY Editor's note: In the last almost one decade, the Belt and Road Initiative has been an integral part of the global economy and has greatly bolstered developing economies. It should be noted that next year marks 10 years since the Belt and Road Initiative was first proposed, when Chinese President Xi Jinping called on countries in Central …

Sri Lanka, Pakistan Show China is Strangulating Even Its Friends With BRI & CPEC. Are Others Listening?
2 years, 3 months ago

Sri Lanka, Pakistan Show China is Strangulating Even Its Friends With BRI & CPEC. Are Others Listening?

News 18  

China launched the world-wide Belt and Road Initiative in 2013, the very year when its current president Xi Jinping assumed power. The project connects more than 70 per cent of energy resources, touches almost half of the world population directly or indirectly and shortens multiple connectivities substantially, one such example being the China Pakistan Economic Corridor. Ports will be also …

Explained | The G7’s $600 billion plan to counter China’s Belt and Road Initiative
2 years, 5 months ago

Explained | The G7’s $600 billion plan to counter China’s Belt and Road Initiative

The Hindu  

The story so far: On June 26, U.S. President Joe Biden along with his G7 allies unveiled the ambitious Partnership for Global Infrastructure and Investment, announcing the collective mobilisation of $600 billion by 2027 to deliver “game-changing” and “transparent” infrastructure projects to developing and middle-income countries. The PGII is being seen as the G7’s counter to China’s multi-trillion dollar Belt …

China’s Ambitious BRI Faces the Pandemic Challenge
3 years, 3 months ago

China’s Ambitious BRI Faces the Pandemic Challenge

News 18  

The China Way The COVID-19 pandemic is undoubtedly hurting the global economy in a multitude of ways. Countries that had not signed MoUs with China within the BRI framework, witnessed an approximate 70 per cent drop in Chinese investments. On the Asian front, where 70 per cent control of Sri Lanka’s Hambantota port was leased to a Chinese state-owned firm …

Countering Belt and Road bound to fail
3 years, 6 months ago

Countering Belt and Road bound to fail

China Daily  

Canadian Prime Minister Justin Trudeau, European Council President Charles Michel, US President Joe Biden, Japan's Prime Minister Yoshihide Suga, British Prime Minister Boris Johnson, Italy's Prime Minister Mario Draghi, French President Emmanuel Macron, European Commission President Ursula von der Leyen and German Chancellor Angela Merkel pose for a group photo at the G7 summit, in Carbis Bay, Britain, June 11, …

China to hold Asia Pacific Ministers meet on Wednesday to discuss BRI projects
3 years, 6 months ago

China to hold Asia Pacific Ministers meet on Wednesday to discuss BRI projects

Live Mint  

Beijing: China has convened a key ministerial conference of Asia Pacific countries on Wednesday to discuss cooperation of its Belt Road Initiative, days after G7 countries headed by the US announced plans to “Build Back Better World" to counter Beijing’s multi-billion-dollar infrastructure development initiative. The Group of Seven comprising the US, Canada, Britain, Germany, Italy, France and Japan at their …

G7 leaders look to counter China's Belt and Road Initiative with rival Build Back Better World scheme
3 years, 6 months ago

G7 leaders look to counter China's Belt and Road Initiative with rival Build Back Better World scheme

ABC  

The Group of Seven richest democracies has sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road Initiative. Key points: US President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World initiative, will provide a transparent infrastructure partnership Mr Biden …

G7 to counter China’s BRI with big infrastructure project: Senior U.S. official
3 years, 6 months ago

G7 to counter China’s BRI with big infrastructure project: Senior U.S. official

Live Mint  

CARBIS BAY, England: The Group of Seven will seek to rival China’s multi-trillion-dollar Belt and Road initiative on Saturday by announcing a global infrastructure plan to help developing nations, a senior official in U.S. President Joe Biden's administration said. The U.S. official, who spoke to reporters on condition of anonymity, said the United States would also push the other G7 …

Will G7 green initiative have more climate cred than China’s BRI?
3 years, 6 months ago

Will G7 green initiative have more climate cred than China’s BRI?

Al Jazeera  

During the three-day leaders’ summit that kicks off on Friday, the Group of Seven developed nations is set to unveil a Clean Green Initiative. “Chinese companies – especially state-owned enterprises – may have access to financing that Western companies find more difficult to obtain.” Although the CGI’s exact scope is still unknown, it will likely expand on the Blue Dot …

Discover Related