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One Day After the Announcement of PGII, Everyone has Questions

Janet Yellen is the U.S. Secretary of the Treasury.

The G7’s Partnership for Global Infrastructure Investment (PGII), announced on Monday, is the newest Western initiative aimed at countering the influence in the Global South of China’s Belt and Road Initiative (BRI.) 

Perhaps predictably, the announcement drew sharp criticism from official Chinese sources. Zhao Lijian, the spokesperson for the Foreign Ministry said: “[W]e oppose the promotion of geopolitical calculations under the banner of infrastructure construction and words and deeds that try to smear and slander the Belt and Road Initiative.”

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