- 13 Jun 2021 11:37
#15176733
The G7 has, it appears, entered into serious talks of cooperation in countering China's 'Belt and Road' programs in less-developed nations. China, it appears, has used these programs to obtain generous concessions from nations unable to meet their economic commitments to China.
Should the G7 actually come up with a program and pony up the needed funds, it will be interesting to see how they go about securing their investments. Some of the countries which might be involved as recipients have highly developed 'economic infrastructures' which capture unguarded funds and transfer them to Swiss banks and other hidey-holes.
Regards, stay safe 'n well.
Ref: https://www.theguardian.com/world/2021/ ... initiative
Should the G7 actually come up with a program and pony up the needed funds, it will be interesting to see how they go about securing their investments. Some of the countries which might be involved as recipients have highly developed 'economic infrastructures' which capture unguarded funds and transfer them to Swiss banks and other hidey-holes.
Regards, stay safe 'n well.
Ref: https://www.theguardian.com/world/2021/ ... initiative
"And gladly wolde he lerne, and gladly teche." Geoffrey Chaucer