The Chinese initiative consists not only of lending money for infrastructure, they use huge Chinese companies to build the infrastructure. These companies have created the Chinese infrastructure in a few decades, but their local market is saturated now. They are forced to continue their work with the same speed outside China or go bust. The west doesn't have anything comparable.
The G7 initiative is not about building infrastructure, but about destroying it. This is why Klaus Schwab calls it build back, in German "zurück bauen" = demolish.
The Chinese initiative consists not only of lending money for infrastructure, they use huge Chinese companies to build the infrastructure. These companies have created the Chinese infrastructure in a few decades, but their local market is saturated now. They are forced to continue their work with the same speed outside China or go bust. The west doesn't have anything comparable.
The G7 initiative is not about building infrastructure, but about destroying it. This is why Klaus Schwab calls it build back, in German "zurück bauen" = demolish.
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