G7 Wants to Raise $600 Billion to Counter China’s Plan to Make Everyone’s Lives Better

Elvis Dunderhoff

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Just a few years ago, this G7 was a G8 because Putin was allowed to attend. He’s been banned because he is metaphysically evil and committing a genocide against neo-Nazi gangs or Jews or whatever.

Reuters:

Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project.

U.S. President Joe Biden and other G7 leaders relaunched the newly renamed “Partnership for Global Infrastructure and Investment,” at their annual gathering being held this year at Schloss Elmau in southern Germany.

Biden said the United States would mobilize $200 billion in grants, federal funds and private investment over five years to support projects in low- and middle-income countries that help tackle climate change as well as improve global health, gender equity and digital infrastructure.

“I want to be clear. This isn’t aid or charity. It’s an investment that will deliver returns for everyone,” Biden said, adding that it would allow countries to “see the concrete benefits of partnering with democracies.”

Biden said hundreds of billions of additional dollars could come from multilateral development banks, development finance institutions, sovereign wealth funds and others.

Europe will mobilize 300 billion euros for the initiative over the same period to build up a sustainable alternative to China’s Belt and Road Initiative scheme, which Chinese President Xi Jinping launched in 2013, European Commission President Ursula von der Leyen told the gathering.

The leaders of Italy, Canada and Japan also spoke about their plans, some of which have already been announced separately. French President Emmanuel Macron and British Prime Minister Boris Johnson were not present, but their countries are also participating.

China’s investment scheme involves development and programs in over 100 countries aimed at creating a modern version of the ancient Silk Road trade route from Asia to Europe.

White House officials said the plan has provided little tangible benefit for many developing countries.

Biden highlighted several flagship projects, including a $2 billion solar development project in Angola with support from the Commerce Department, the U.S. Export-Import Bank, U.S. firm AfricaGlobal Schaffer, and U.S. project developer Sun Africa.
It’s amazing that actual scientists are not saying that this windmill and solar panel thing will not work, and is extremely destructive to the natural environment. But I guess anyone who says that gets accused of being a racist.



Where is Ursula van der Leyen going to get the products to deliver on her cheap rip-off of One Belt, One Road? The West doesn’t have any products other than weapons systems, pornography and human suffering.

With her system be used exclusively to deliver trannsexual propaganda to small children?

Name one thing the West does better than China that doesn’t have to do with grooming children into homosexuality.

A LARGE portion of the worlds problems are represented in this pix. How about y’all invest $600 Billion to invest in your own countries? Housing? Healthcare? Infrastructure? Technology.

— Vee (@SamVee93) June 26, 2022

So why are we paying for this? China don’t go around bombing the fuck out of everyone.

— dennysunderland (@dennysunderland) June 26, 2022

They are about decade and more than 100 countries too late.

— MrPedigo (@MrPedigo) June 26, 2022

600 billions for improving developing nations infrastructure. Isn’t this money needed more to develop the deteriorating US infrastructure??

— hassan, Oman (@hassan_dm) June 26, 2022

BRICS is also meeting. I wonder what these leaders are discussing? pic.twitter.com/59RSTlYJCN

— Christina Kunneke (@AMCKunneke) June 26, 2022

Raise $600B = Lend more money and print more to pay it with with

“Crypto is so volatile”
😂


— VanishPerish (@VanishPerish) June 26, 2022

Why a program intended to increase international trade and development cooperation need to be countered? Because is led by China?

— Ramiro A. Miranda (@RamiroAMiranda1) June 26, 2022

Uhmmm G-7…? WE TAXPAYERS…helloooooo

— Eyra Beatrice Giesick (@EyraGiesick) June 26, 2022

Look at those countries: US, IT, UK, FR all countries with too much government debt, people that can’t pay their bills anymore, massive amounts to spent on defense.

— pierre bezukhov (@pierrebezukhov5) June 26, 2022

pic.twitter.com/ujWCZcO8BR

— Michael Medeiros (@Terceira1) June 26, 2022
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CharlesWorthing

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The Chinese are better at carrying off projects in the third world AND they are better at bribing third world leaders.

The USA / ZOG used to be good at subtly raping countries into unsustainable debt. Even Dune Coons are now refusing American Presidents calls.

China has the USA over a barrel. They can pull the plug on US logistics, or the US Dollar, any time.

Is ZOG going to forge ahead with this farce, or do they have a real bio plague or nuclear war up their sleeves?
 

Angryguy

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They are also going to put a price cap on Russian oil. I am sure russia will agree seems reasonable. And they will not by Russian gold. The Chinese will be forced to buy it. With hyperinflation coming the Chinese will be stuck with gold that can't be eaten. Meanwhile the west will be able to burn their money as a replacement for Russian oil. Winning.
 

JR_Rustler_III

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So maybe 10,000 million of that is for kick backs and bribes, the rest? Into the pockets of the scheming, filthy Jew.
I'd say every penny of that $600 billion is going to be graft, bribes, kickbacks, etc. Nothing will get built, and the money will just disappear.

The looting of western civilization is reaching a crescendo pitch. I guess that's a good thing?
 

Kazeck

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They are also going to put a price cap on Russian oil. I am sure russia will agree seems reasonable. And they will not by Russian gold. The Chinese will be forced to buy it. With hyperinflation coming the Chinese will be stuck with gold that can't be eaten. Meanwhile the west will be able to burn their money as a replacement for Russian oil. Winning.
China is a net food producer, and other countries inflation won't just raise rice prices.
They might suffer, but they'll survive, it's the West that'll starve.
 

CrackSmokeRepublican

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China is a net food producer, and other countries inflation won't just raise rice prices.
They might suffer, but they'll survive, it's the West that'll starve.
Keep in mind the floods of 2020, 2021 and now 2022...it is still a problem.

https://menafn .com/1104400185/Heavy-Floods-Damage-Crops-In-China-Leading-To-Concerns-Over-Food-Shortage

Bloomberg News
Thu, June 23, 2022, 10:20 AM·1 min read

(Bloomberg) -- Chinese Premier Li Keqiang reiterated the importance of ensuring stable agricultural production after unrelenting rains and floods across southern provinces reignited food security concerns...
Looks like they are moving their diets to more corn/wheat which grows better in the mostly unflooded North.

Looks like Xi wants to keep their food production in country:
New Delhi, June 20: Large swathes of crops including paddy have been destroyed by heavy floods in China, leading to further challenges to food security. The authorities have warned of more rains in the coming days. The Russia-Ukraine war has already led to food shortages pushing global prices. Food imports could only rise for the world's second-largest economy, which is battling several other economic challenges.
Severe weather fluctuations from floods to droughts in China, which has 1.4 billion people, have become a cause for concern.

Xinhua News said that to prevent floods in the southern parts of China, the ministry activated a level IV emergency response for the provinces of Zhejiang and Anhui on Saturday.
It also maintains its level III emergency response for Guangdong and Guangxi, as well as the level IV emergency response for Fujian, Jiangxi, Hunan, Guizhou, and Yunnan. Rice is one of the major crops grown in Fujian, Hunan and Jiangxi, wheat is grown in Guizhou.
China's President Xi Jinping, who has outlined food security as a priority, has said that the rice bowl of the country must be firmly kept in Chinese hands.
https://www.business-standard .com/article/international/heavy-floods-damage-crops-in-china-leading-to-concerns-over-food-shortage-122062000481_1.html
 

TheDude

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Nothing will get built
Nothing ever gets built. On the millions(billions) spent on Africa, what is visible? Some places have a shoddy at best electric grid. Then there's a bunch of water pumps, some powered but most are hand pump units and a few plywood shacks they name school buildings and then maybe some cheap tar roads and gravel roads here and there. What a sick joke.
 
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