Gravitas: G7 nations join forces to counter China's BRI

G7 nations have joined forces to counter China's Belt & Road initiative. They've launched B3W 'Build Back Better World' initiative led by the US govt. What does it offer & who will foot the bill? Palki Sharma explains.

#Gravitas #G7Nations #China

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[tootifrooti]

Imagine if China did not initiate the BRI. Poor nations will have no help in their infra dilemma. These G7 are suddenly kicked out of the high pedestal and wants to challenge China. Well, the more help the merrier indeed.

[liongsusanto]

Thanks to China for making gangsta 7 start to thinking about developing rather than pirating others.

[mohibsaad]

I wonder where the 40 Trillions will come from . Printing machines ? All of these countries are severely in financial constrains

[sandeepsanvi]

Before countering china’s BRI first withdraw all G7 investments in China and Chinese companies

[jimcumback]

If only Biden could remember where he is and what he's doing.

[grantsapain]

So far, China's been eating their lunch...

[majie_mj]

There’s already no money and huge debts in the G7 Nations😂

[sjaw]

If it is value-driven, why only starts it now? What happens to the values in the past 8 years? Can even build its own infrastructure at home, can it build infrastructure for the poor?!

[mahdiazizi]

G7 can talk but can't do anything just you hope.

[MichelleSuiComedy]

LOL, America itself has no high speed railway at home, all of the roads, highways, airports are falling apart. Before building infrastructures in other countries, maybe focus on your own first.

[positivevibes]

G7 nations : we will counter BRI
China : 😴

[maheshneupane]

What we need to understand is nothing comes free of cost. Whether it is from western countries or china.

[zhz]

Love how an Indian anchor is criticizing that it took so long for the G7 to go from words to action.
Where is India's BRI? Oh wait its still a recipient of aid and foreign funds for its own infrastructure needs.

[jon_nomad]

The irony of it is China welcomed the Western Build Back Better World initiative. BBBW actually compliment BRI because it's also about connectivity. Chinese products will be transported more quickly and efficiently. It is no wonder at all that China refused to condemn the initiative.

[kenyue]

India leader always making wrong decision. Those old days India close to USSR, then USSR gone. Now India stand by the side of USA, i believe that the US will face the same fate. Covif 19 is mild but India Delta Variant is super strong and defeated all the best performance countries except China. Well done India Virus

[stuartromper]

Dont mock china ! When India become no 1economic superpower, western nations will not sit on their hands . Remember history and how the British tore up India

[xi-tler]

Everyone : Lets go against Chiina ...
Who will contribute Money ???
Everyone : What Money...

[pranavkochhar]

with such high and numerous regulations, the price will of course SKYROCKET. Countries will prefer China as it would be economically more viable to them.

[avi]

All this is just for narrative and theatrics, they won't do much

[firetree]

GDP comparison 2020
GDP nominal China $14.86 trillion, US $20.81 trillion India $2.59 trillion (China is 5.73 times of India)
GDP ppp. China $24.16 Trillion; US, $20.81 Trillion; India $8.68 trillion (China is number 1, surpassed US in 2010)
GDP per capita China, $10839; US $63051, India 1877 (China is 5.77 times of India)