{"id":501160,"date":"2022-06-28T09:21:53","date_gmt":"2022-06-28T03:51:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=501160"},"modified":"2022-06-28T09:56:45","modified_gmt":"2022-06-28T04:26:45","slug":"g7-leaders-unveil-600-bn-plan-to-rival-chinas-bri-in-developing-nations","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/g7-leaders-unveil-600-bn-plan-to-rival-chinas-bri-in-developing-nations\/","title":{"rendered":"G7 leaders unveil $600-bn plan to rival China&#8217;s BRI in developing nations"},"content":{"rendered":"<p>US President Joe Biden and other G7 leaders have unveiled ambitious plans to mobilise USD 600 billion in funding by 2027 to deliver transparent and game-changing infrastructure projects in developing countries like India, in a move seen as a counter to China&#8217;s Belt and Road Initiative.<\/p>\n<p>The Partnership for Global Infrastructure and Investment (PGII) unveiled on Sunday here during the G7 Summit relaunches a scheme unveiled at last year&#8217;s G7 talks in England.<\/p>\n<p>President Biden said the plan would deliver returns for everyone.<\/p>\n<p>&#8220;Today, the nations of the G7 launched the Partnership for Global Infrastructure and Investment (PGII),&#8221; Biden said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Joe Biden and other G7 leaders have unveiled ambitious plans to mobilise USD 600 billion in funding by 2027 to deliver transparent and game-changing infrastructure projects in developing countries like India, in a move seen as a counter to China&#8217;s Belt and Road Initiative. The Partnership for Global Infrastructure and Investment (PGII) unveiled on Sunday here during the G7 Summit relaunches a scheme unveiled at last year&#8217;s G7 talks in England. President Biden said the plan would deliver returns for everyone. &#8220;Today, the nations of the G7 launched the Partnership for Global Infrastructure and Investment (PGII),&#8221; Biden said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-501160","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/501160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=501160"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/501160\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=501160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=501160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=501160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}