China has convened a key ministerial conference of Asia Pacific countries on Wednesday to discuss cooperation of its Belt Road Initiative (BRI), days after G7 countries headed by the US announced plans to Build Back Better World” (B3W) to counter Beijing’s multi-billion-dollar infrastructure development initiative.
The Group of Seven (G7) comprising the US, Canada, Britain, Germany, Italy, France and Japan at their London conference on June 12 agreed to launch B3W to counter China’s growing influence by offering developing nations an infrastructure plan that would rival the BRI project.
State Councillor and Foreign Minister Wang Yi will preside over the Asia and Pacific High-level Conference on the Belt and Road Cooperation with the theme of “Promoting Cooperation on Combating the Pandemic for Sustainable Recovery” via video link,
