WORLD leaders joined forces yesterday to stop China from spreading its power and influence around the globe. They are drawing up plans to outflank the communist superpower by pumping billions of po…
But Mr Johnson’s “Build Back Better for the World” project is aimed at long-term action for the richest nations to compete with the might of Beijing.
It is intended to give emerging economies faster access to finance, while accelerating the global shift to renewable energy and sustainable technology.halt the growing influence of China, which is buying stakes in communications systems around the worldIt has already invested in the infrastructure of 70 countries using its “Belt and Road” initiative - and Mr Johnson’s plan will offer other nations an alternative.
The PM yesterday launched a £500 million Blue Planet Fund from the G7 Summit’s ocean-side setting at Carbis Bay.
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