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Beijing Feels Egypt’s Administrative Capital Will Prove China’s Winning the Global South Infrastructure Game

The Chinese state-owned contractor CSCEC Egypt building building the new administrative capital outside of Cairo. Image via CSCEC Egypt.

Chinese media appears to be increasingly concerned about the emergence of new competitors to the Belt and Road Initiative (BRI), particularly the U.S.-led Build Back Better World (B3W) initiative, which is now gaining momentum.

U.S. officials say around 50 projects have been identified for the first wave of investments that will be announced sometime early next year.

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