G7 to counter China's Belt & Road with big infra project

The Group of Seven will seek to rival China’s multi-trillion-dollar Belt and Road initiative on Saturday by announcing a global infrastructure plan to help developing nations, a senior official in US President Joe Biden's administration said.The G7 is trying to find a coherent response to the growing assertiveness of President Xi Jinping after China's spectacular economic and military rise over the past 40 years.