The G7 has pledged to raise US$600 billion over five years to fund infrastructure projects in developing countries. Photo: Reuters
The G7 has pledged to raise US$600 billion over five years to fund infrastructure projects in developing countries. Photo: Reuters

China hits back at US over G7 ‘zero-sum’ belt and road alternative

  • Washington’s revived partnership is an attempt to ‘smear Beijing’ and its infrastructure initiative, foreign ministry says
  • The American effort should not be underestimated or discredited, analyst says

The G7 has pledged to raise US$600 billion over five years to fund infrastructure projects in developing countries. Photo: Reuters
The G7 has pledged to raise US$600 billion over five years to fund infrastructure projects in developing countries. Photo: Reuters
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