Tag: Partnership for Global Infrastructure Investment (PGII)
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U.S.-led Coalition Rolls Out First Major Infrastructure Project Under the New Partnership for Global Infrastructure and Investment
The G7 group of wealthy countries unveiled the first major initiative as part of its Partnership for Global Infrastructure and Investment (PGII), which is ostensibly aimed at countering China's dominance in financing infrastructure in developing countries. The coalition announced a $20 ...
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Maybe The West’s Pressure on China to Build “High Quality” Infrastructure is Working
A Xinhua headline from Wednesday hints that years of criticism of low-quality Chinese-built infrastructure in developing countries may be having its desired effect. Chinese messaging on these issues used to focus on the speed of delivery or the low cost of construction. ...
Q&A: How Will the G7’s PGII Differ from China’s BRI? An Expert Weighs In
Responses to the G7’s Partnership for Global Infrastructure Investment (PGII) have run the gamut from enthusiastic approval to strident condemnation. However, many have also raised questions about how the initiative will actually work. While the PGII is currently presented as an ...
The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts
The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, ...
PGII Will Channel a Lot of Private Capital to Developing Countries But What About the Debt?
Even as the G7 was unveiling its new Partnership for Global Infrastructure Investment (PGII), protesters in the Alpine town hosting the summit were calling for more action on infrastructure-related debt. This debate has recently centered around the impact of Chinese debt, particularly as part of ...
Construction crews at work on the Nairobi Expressway on February 26, 2021, a project financed and constructed by the China Road and Bridge Corporation. Photo by SIMON MAINA / AFP
By Ding Fei As African cities experience some of the fastest urban growth rates in the world, China has become a major bilateral financier for urban infrastructure. From Nairobi’s elevated expressways to Lagos’s airport upgrades and Addis Ababa’s new riverside developments, Chinese-backed ...
U.S.-led Coalition Rolls Out First Major Infrastructure Project Under the New Partnership for Global Infrastructure and Investment
The G7 group of wealthy countries unveiled the first major initiative as part of its Partnership for Global Infrastructure and Investment (PGII), which is ostensibly aimed at countering China's dominance in financing infrastructure in developing countries. The coalition announced a $20 ...
Maybe The West’s Pressure on China to Build “High Quality” Infrastructure is Working
A Xinhua headline from Wednesday hints that years of criticism of low-quality Chinese-built infrastructure in developing countries may be having its desired effect. Chinese messaging on these issues used to focus on the speed of delivery or the low cost of construction. ...
Q&A: How Will the G7’s PGII Differ from China’s BRI? An Expert Weighs In
Responses to the G7’s Partnership for Global Infrastructure Investment (PGII) have run the gamut from enthusiastic approval to strident condemnation. However, many have also raised questions about how the initiative will actually work. While the PGII is currently presented as an ...
The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts
The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, ...
PGII Will Channel a Lot of Private Capital to Developing Countries But What About the Debt?
Even as the G7 was unveiling its new Partnership for Global Infrastructure Investment (PGII), protesters in the Alpine town hosting the summit were calling for more action on infrastructure-related debt. This debate has recently centered around the impact of Chinese debt, particularly as part of ...