B3W 2.0: The $600 Billion “Partnership for Global Infrastructure and Investment”

G7 leaders unveiled their latest effort to challenge China’s Belt and Road Initiative with the announcement of the “Partnership for Global Infrastructure and Investment (PGII).” The new plan was revealed on Sunday at the leaders’ summit in Germany and included pledges to raise $600 billion in private and public funds over the next five years.

The U.S. said it would contribute a third of the financing but did not specify how much would come from the government and what would be raised from the private sector.

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The post B3W 2.0: The $600 Billion “Partnership for Global Infrastructure and Investment” appeared first on The China Global South Project.



source https://chinaglobalsouth.com/2022/06/27/b3w-2-0-the-600-billion-partnership-for-global-infrastructure-and-investment/

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