Category: B3W
If the U.S. is Going to Compete Against China’s BRI, Then It’s Going to Have to Mobilize the Private Sector… And That Won’t Be Easy
If the proposed B3W has any chance of rivaling China's eight-year-old Belt and Road Initiative, the U.S. government is going to have to persuade development finance institutions, private companies, and Wall Street that building infrastructure in some of the world's highest risk countries is a good investment. ...
As Biden’s Build Back Better Initiative Stalls at Home, Many Doubt the World Edition Will Fare Any Better
With U.S. President Joe Biden's ambitious $3.5 trillion infrastructure agenda bogged down in Congress, his campaign promise to "Build Back Better" now hangs in limbo. If the president's plan fails to make it out of Congress, or if it's scaled down to the point where it's ...
While the EU & U.S. Talk About Competing With China to Build Infrastructure in the Global South, Japan’s Experience in Vietnam Should Give Them Pause
Over the past month, the United States and Europe have doubled down on their commitment to challenging China's Belt and Road Initiative by launching new initiatives to build infrastructure in developing countries. Secretary of State Antony Blinken this week
We Got Our First Peek at B3W, But It’s Still Not Clear What the U.S. is Trying to Do
The Biden administration appears to be ramping up its efforts to get the Build Back Better World (B3W) initiative off the ground. In what was the first action related to the program since it was announced over the summer at the G7 summit in England, a high-level ...
Looks Like Latin America Will Be the First Place Where B3W Will Take on China’s BRI
It looks like the U.S.-led Build Back Better World (B3W) initiative that was announced at the G7 summit in Cornwall, England earlier this summer is moving forward and Latin America is going to be the first region where Washington aims to challenge China's Belt and Road Initiative. ...
Biden Touts B3W Developing World Infrastructure Plan in UN Address
Joe Biden didn't say the word "China" once in his sweeping, half-hour-long address to the UN General Assembly on Tuesday, his first as U.S. president, but confronting Beijing nonetheless emerged as a key theme. On issues ranging from COVID vaccine distribution ...
Which Way is West?
One of the fun aspects of the China-Africa Project is that we don’t always agree. The work of pulling in different perspectives means that how we see reality is itself a negotiation, drawing on our different backgrounds. For example, one of the issues where Eric and I ...
China’s Tech Lead in Africa Highlights B3W’s Biggest Problem
When Joe Biden took over from Donald Trump, many predicted that Trump’s foreign policy would soon follow him out the door. A few months down the line, it’s become clear that they agreed more frequently than expected even if their styles are very different. One example is ...
G7’s Global Infrastructure Initiative Will Have to Contend With China’s Massive Lead in Africa
The recent announcement of an initiative to rival China’s Belt and Road Initiative (BRI) has generated a lot of debate among scholars and policyholders trying to understand its feasibility, particularly in Africa. What is not in doubt is that the G7’s Build Back Better World (B3W) plan ...
China, Africa, and the U.S. Fiasco in Afghanistan
We all woke up to a different world today with the shocking images of Monday's bungled U.S. evacuation from Kabul still overflowing our social media feeds and this nagging feeling that something big, really big happened that we still don't fully understand.
Howard French Isn’t Very Impressed With the G-7’s Build Back Better World Initiative
Journalist and author Howard W. French is among the most thought-provoking U.S. scholars on Chinese engagement in Africa and Beijing's rapidly evolving global presence. French recently joined Brookings Institute Senior Fellow David R. Dollar on the Brookings Trade Podcast Dollar & Sense to discuss how ...
Can BRI and B3W Co-Exist in Africa?
The Group of 7 countries recently announced a rival to China's Belt and Road Initiative. Their new Build Back Better World (B3W) initiative has prompted widespread discussion of the implications for developing regions that are desperate for new sources of capital to build infrastructure. ...