The U.S. presidential plane "Air Force One" slowly landed in Germany. After meeting with leaders of other "G7" member states, Biden immediately launched an ambitious global infrastructure plan to raise US$600 billion in five years. , competing with China’s “One Belt, One Road” in

2024/04/2208:55:34 international 1150

The annual Group of Seven Summit of Western Countries (G7) was held recently. The U.S. presidential plane "Air Force One" slowly landed in Germany. After meeting with the leaders of other "G7" member states, Biden immediately launched an ambitious global infrastructure plan to raise funds within five years. A huge investment of US$600 billion to compete with China’s “One Belt, One Road” initiative!

The U.S. presidential plane

Biden teamed up with his "small partners" to once again propose a global infrastructure plan, targeting China!

According to the " Global Times " report, Biden showed off his "big move" at the G7 summit held in Bavaria, Germany. announced that the United States would raise US$600 billion (approximately RMB 40,000) within five years. billion) to provide funds for infrastructure construction in developing countries.

This is the so-called "Global Infrastructure Partnership Plan" promoted by the US government before Biden's trip. It is another global infrastructure competition plan that clearly targets China's "One Belt, One Road" initiative.

Biden announced that the plan will focus on areas such as clean energy, health systems, gender equality, and information and communications technology. Although he did not mention the word "China", it is clear to everyone that this plan is targeting China. Biden ambitiously claimed that this plan will make developing countries see clearly that they can have better choices!

First of all, where does this $600 billion come from? Biden said that the United States will raise 200 billion for , Europe will raise about 340 billion, and Japan is willing to bear 65 billion. In the end, US$600 billion will be raised through "crowdfunding".

However, before the excitement of Biden announcing the plan had passed, the American media poured cold water on it. A commentary article was published on the website of the US "Foreign Affairs" magazine, arguing that Biden is copying and "copying" China's global infrastructure model and cannot defeat China within the rules of the game set by China.

The US media mercilessly ridiculed Biden's failure last year: What happened to Biden's "Building a Better World" initiative last year?

Biden promised that the US government would invest US$4 billion, but in the end the White House only provided a meager US$6 million in funds. With this little money, it may not even be enough to start a real estate project in Ho Chi Minh City, Vietnam, but it also needs to support construction around the world? What a joke!

This time, Biden once again made bold words. When the US government could not even come up with the US$4 billion promised last time, it guaranteed that the US would provide US$200 billion in project funds. This of course made the outside world think that he Writing bad checks again. But Biden did not admit that it turned out that the US$200 billion was not paid out of the US government's pocket, but was mainly raised through private investment and donations!

This is very ridiculous. fully demonstrates Biden's extreme ignorance of how to carry out infrastructure and projects.

As we all know, various infrastructure projects such as building bridges and roads, building ports, building power stations, building railway tunnels, building 5G wireless networks, etc. are all projects with huge initial investment, laborious construction, and low return rate in the later period. Basically, they are composed of In the service construction led by the national government to benefit the people, few private companies are willing to invest because the money comes in too slowly!

But Biden claims that the private sector can make a lot of money by investing in these infrastructure projects, and private individuals can even make free donations. Does he treat global investors as fools? So just in terms of raising funds, Biden’s plan is too unreliable!

The U.S. presidential plane

After 11 years of arduous construction, the China-Laos Railway project has finally opened to traffic, overcoming three major problems and breaking two world records, demonstrating China's strength and credibility in the global infrastructure field!

In addition, among the top 20 construction contractors in the world, China has 14 companies on the list, and the United States has zero. Is the United States prepared to hand over most of its engineering projects to Chinese companies for construction? So let's say thank you first.

So what is wrong with the White House? It must compete with China for global infrastructure. No country in the world can do as well as China.For this reason, the US media satirized that Biden, apart from having the advantage of being smooth-talking, had made other "destructive mistakes"!

recently had a great example that illustrates a lot. Iraq recently announced that China’s education project to aid the construction of 1,000 schools in the country has started in full swing!

China has not imposed any additional conditions on Iraq. No matter how the political situation in Iraq changes, this aid will not be affected. Iraq's "oil-for-infrastructure" plan ensures that this major infrastructure project can be completed smoothly.

This is the latest and best embodiment of China's "One Belt, One Road" initiative. China is using infrastructure to help Iraq and the Middle East rebuild a stable, orderly, cooperative and developing new society, and restore the country that was destroyed by the United States through war and massacre. local order. China is willing to join hands with developing countries like Iraq to enter a new era together, rather than as Biden said: profit and make money!

China’s “Belt and Road” initiative helps developing countries carry out infrastructure construction. There is no doubt that it is a very hard job, but it is also a great feat that will serve the present and benefit the future. It requires decades of perseverance, and Don’t throw out a pie-in-the-sky plan every year and brag about it sustainably.

The Biden administration in the United States launched a "farce" of the "Build Back a Better World" initiative last year, which was completely bankrupt. This year, he is still troubled by the inner demon of "competing with China" and is unwilling to launch a version 2.0 again. , but all the promises cannot be fulfilled at all, and there is no doubt that it will not escape the fate of failure!

The U.S. presidential plane

Regarding the new infrastructure construction initiative proposed by Biden at the G7 Summit, Chinese Foreign Ministry spokesperson Zhao Lijian said on June 27: China always welcomes all initiatives to promote global infrastructure construction, and there is no problem that various initiatives can replace each other.

But Zhao Lijian also emphasized: China opposes any words and deeds that use the banner of infrastructure construction to advance geopolitical calculations and smear and slander China's "One Belt, One Road" initiative! The United States also proposed the "Build a Better World" initiative at the G7 Summit a year ago and promised to promote global infrastructure projects that are different from China's. What the international community hopes to see is real money and real projects that will benefit the people. project!

Obviously , China knows very well that Biden is just a rhetorical hero when it comes to global infrastructure projects, but a dwarf with practical actions, and does not take Biden's empty words and fantasies to heart at all. We are down-to-earth in helping countries around the world develop together, and we have no time to deal with this "big talker"!

It is credible to truly take action and seek happiness for people all over the world. However, it is really difficult for Americans to ask the United States, which is accustomed to causing destruction, to sincerely do some good and practical things for countries around the world!

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