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Anadolu Agency (27 June 2022)

Riyaz ul Khaliq

In response to the latest announcement by the G7 nations regarding the launch of a $600 billion global infrastructure initiative, China on Monday said that the G7 nations should bring “real money and projects that actually benefit the people.” 

“What the international community wants to see is real money and projects that actually benefit the people,” Zhao Lijian, spokesperson of China’s Foreign Ministry, said when asked about the announcement by the G7 nations.

At a summit in Germany on Sunday, the G7 leaders pledged to raise $600 billion in private and public funds over the next 5 years to finance infrastructure in developing countries and counter China’s multitrillion-dollar Belt and Road Initiative (BRI).

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