The US and its allies have laid out plans to invest hundreds of billions of dollars for infrastructure projects in developing countries in an attempt to address a similar program by China.
China has hit back at US President Joe Biden’s push to create an alternative to its own Belt and Road Initiative after thepledged to back a $US600 billion infrastructure program for developing nations.
Elephant statues outside a construction site in the resort of Sihanoukville in Cambodia, where locals hope an infusion of Chinese-built infrastructure will bring jobs.Foreign Ministry spokesman Zhao Lijian sai: “No BRI partner has agreed to the so-called debt trap accusation. Rather, it is the United States that should be held responsible for creating the debt trap.”
Chinese state media on Tuesday criticised the participation for the first time of Australia, New Zealand, Japan, and South Korea at the NATO summit.State news agency Xinhua said: “Having Asia-Pacific countries attend the summit reflects NATO’s ambition to break through its traditional area of responsibility and to further extend its tentacles from the European region to the Asia-Pacific region.
China on Monday denied a report that Foreign Minister Wang Yi had invited ministers from 10 Pacific island nations to a virtual meeting on July 14, the same day they will meet in Fiji for the Pacific Islands Forum. Mr Albanese will attend that forum, where China will dominate discussions.
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