India  

G7 rivals China with grand infrastructure plan

Video Credit: Reuters - Politics - Duration: 01:53s - Published
G7 rivals China with grand infrastructure plan

G7 rivals China with grand infrastructure plan

The Group of Seven richest democracies sought on Saturday to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.

This report produced by Yahaira Jacquez.

G7 leaders wrapped up the second day of their summit on Saturday with an extended family photo that included the leaders of South Africa, South Korea and Australia.

Saturday’s working session focused on efforts to counter China's growing influence, with G7 leaders offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.

The White House said U.S. President Joe Biden and other G7 leaders hope their global infrastructure plan, known as the Build Back Better World initiative, will help close a $40 trillion infrastructure gap in needy countries.

China's Belt and Road Initiative involves development and investment initiatives that would stretch from Asia to Europe and beyond.

More than 100 countries have already signed on to cooperate with China in projects like railways and other infrastructure.

Meanwhile - on the subject of human rights abuses, Biden made "forceful comments" to G7 leaders about the need to make a strong statement" on what Washington and rights group say is the use of forced labor in China.

According to a U.S. official - there was a quote "spectrum of how far different countries are willing to go" in their criticism in a final communique from the three-day summit.

Though the official later said that the G7 leaders have reached consensus on the need for a shared approach to China selling exports at unfairly low prices and to human rights abuses.

U.N.

Experts and rights groups estimate over a million people, mainly Uyghurs and other Muslim minorities, have been detained in China in recent years.

China denies all accusations of forced labor or abuse.




You Might Like


đź’ˇ newsR Knowledge: Other News Mentions

Xi Jinping Xi Jinping General Secretary of the Chinese Communist Party since 2012, President of China since 2013

'The Xi JinPing administration has put a lot of its eggs into Putin's basket' [Video]

'The Xi JinPing administration has put a lot of its eggs into Putin's basket'

Credit: FRANCE 24 English    Duration: 02:58Published
U.S. Claims China's Support for Russia in Ukraine Conflict | Joe Biden vs Xi Jinping | Oneindia News [Video]

U.S. Claims China's Support for Russia in Ukraine Conflict | Joe Biden vs Xi Jinping | Oneindia News

Senior U.S. officials unveil China's significant backing of Russia's war effort in Ukraine, with reports detailing crucial military support. Despite denials from the Chinese Embassy, concerns rise over China's role. Join us as we delve into the geopolitical implications of this revelation. #USNews #USChina #USChinaTensions #RussiaUkraineWar #RussiaUkraineConflict #JoeBiden #VladimirPutin #VolodymyrZelenskyy #Oneindia ~PR.274~ED.194~

Credit: Oneindia    Duration: 02:09Published
US Airlines Accuse China of 'Harmful Anti-Competitive Policies' [Video]

US Airlines Accuse China of 'Harmful Anti-Competitive Policies'

US Airlines , Accuse China of , 'Harmful Anti-Competitive Policies'. CNN reports that the United States aviation industry has urged the Biden administration to pause the approval of more flights to and from China. CNN reports that the United States aviation industry has urged the Biden administration to pause the approval of more flights to and from China. According to an open letter, China's “existing harmful anti-competitive policies” are affecting U.S. airlines and workers. The competitive disadvantage is harmful to the approximately 315,000 workers employed by U.S. passenger airlines that serve China, Airlines for America open letter, via CNN. The letter, addressing Secretary of State Antony Blinken and Transportation Secretary Pete Buttigieg, was signed by Airlines for America, an industry lobby group. The letter, addressing Secretary of State Antony Blinken and Transportation Secretary Pete Buttigieg, was signed by Airlines for America, an industry lobby group. Members of the group include American Airlines, Delta and United, along with other unions representing aviation workers. Members of the group include American Airlines, Delta and United, along with other unions representing aviation workers. Members of the group include American Airlines, Delta and United, along with other unions representing aviation workers. If the growth of the Chinese aviation market is allowed to continue unchecked and without concern for equality of access in the market, flights will continue to be relinquished to Chinese carriers at the expense of U.S. workers and businesses, Airlines for America open letter, via CNN. CNN reports that the Biden administration said in February that it would allow Chinese airlines to increase the number of direct passenger flights to the United States. At the time, U.S. officials granted Chinese carriers approval to make 50 weekly round-trip flights, increased from 35 amid the COVID-19 pandemic. Prior to the pandemic, over 150 weekly flights were allowed. . China's Foreign Ministry defended the increased number of flights, citing a "consensus reached" in November between Chinese leader Xi Jinping and U.S. President Joe Biden. China's Foreign Ministry defended the increased number of flights, citing a "consensus reached" in November between Chinese leader Xi Jinping and U.S. President Joe Biden

Credit: Wibbitz Top Stories    Duration: 01:31Published
China-Taiwan tensions: Xi Jinping says nobody can stop 'family reunion' with Taiwan | Oneindia [Video]

China-Taiwan tensions: Xi Jinping says nobody can stop 'family reunion' with Taiwan | Oneindia

Chinese President Xi Jinping conveyed to former Taiwan President Ma Ying-jeou on Wednesday that external interference would not impede the "family reunion" between the two sides of the Taiwan Strait. He emphasised that all issues are open for discussion. Since the Republic of China government retreated to Taiwan in 1949 following a civil war loss to Mao Zedong's communists, no sitting Taiwanese leader has visited China. However, Ma, who served as president from 2008 to 2016, broke this pattern last year, marking the first visit by a former Taiwanese leader to China. This visit, Ma's second, occurs amid heightened military tensions in the region. #China #Taiwan #XiJinping #MaYingjeou #Tensions #FamilyReunion #CrossStraitRelations #Diplomacy #Geopolitics #EastAsia ~HT.97~PR.152~ED.101~

Credit: Oneindia    Duration: 02:11Published
Chinese President Xi Jinping Meets Russian Foreign Minister Sergei Lavrov in Beijing | Oneindia News [Video]

Chinese President Xi Jinping Meets Russian Foreign Minister Sergei Lavrov in Beijing | Oneindia News

Watch as Chinese President Xi Jinping and Russian Foreign Minister Sergei Lavrov meet in Beijing, demonstrating solidarity amid geopolitical tensions. Lavrov's visit follows Putin's consideration of China for his first foreign visit after his recent election victory. Explore how China and Russia are bolstering economic ties amidst Western sanctions imposed on Moscow for its actions in Ukraine. Stay informed on the latest developments shaping global politics. #China #ChinaRussia #ChinaRussiaRelations #ChinaRussiaTies #Russia #RussiaUkraineWar #XiJinping #SergeiLavrov #VladimirPutin #Oneindia ~PR.274~ED.103~

Credit: Oneindia    Duration: 02:03Published

G7 G7 Intergovernmental political forum

PM Modi speaks to Italian counterpart Giorgia Meloni, thanks her for G7 summit invite

Indian PM Narendra Modi recently had a phone call with Italian PM Giorgia Meloni to mark Italy's 79th Liberation Day. Modi expressed gratitude for the G7 Summit..
IndiaTimes
What we know so far about apparent Israeli attack on Iran [Video]

What we know so far about apparent Israeli attack on Iran

Despite calls for moderation from G7 leaders, it appears that Iran and Israel have shifted from a proxy war to direct confrontation.

Credit: euronews (in English)    Duration: 01:56Published
Cameron hopes G7 can co-ordinate sanctions against Iran [Video]

Cameron hopes G7 can co-ordinate sanctions against Iran

Lord Cameron has described the situation in the Middle East as 'very concerning' but says he hopes Israel will act in a way that does not heighten tensions. Speaking in Jerusalem ahead of talks with prime minister Benjamine Netanyahu, the British foreign secretary also said he hopes to see co-ordinated sanctions against Iran from G7 countries, because it is responsible for 'so much of the malign activity' in the region. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:07Published
Iran Attacks Israel: President Ebrahim Raisi Warns Israel of After Retaliatory Strikes| Oneindia [Video]

Iran Attacks Israel: President Ebrahim Raisi Warns Israel of After Retaliatory Strikes| Oneindia

Iran's President Raisi warns Israel and its allies of a stronger response after Tehran's retaliatory strike. European nations condemned Iran's attack, prompting Iran to question their stance. Iran defends its military action as legitimate defense. The G7 plans to discuss the situation, reflecting escalating tensions in the region. #iranisrael #iranisraellivestream #iranisraelwarnewstodaylive #iranisraelwaraljazeera #iranisraelwarfootage #israeliranyudh #iranisraelconflict #Oneindia #Oneindianews ~HT.97~ED.155~

Credit: Oneindia    Duration: 02:16Published

Road Road Land route for travel by vehicles

Teenage dreams: Meet the next generation of climate activists [Video]

Teenage dreams: Meet the next generation of climate activists

In this episode of the Road to Green, Euronews reporter Cyril Fourneris travels to Catalonia, Spain, to meet the civilians doing their part for the environment and encouraging others to do the same.

Credit: euronews (in English)    Duration: 08:00Published

Joe Biden Joe Biden President of the United States since 2021

Kim Kardashian Returns to White House for Criminal Justice Reform

Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,..
TMZ.com
Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production [Video]

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. . Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. . This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement. Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse. Schumer referred to the plan as "quite a great return" on the government's investment. A factory will also be built in Boise, Idaho, NPR reports. . That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029. The White House estimates that the projects could create 20,000 jobs in construction and manufacturing. in addition to "tens of thousands of indirect jobs in the regions," NPR reports. . The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung

Credit: Wibbitz Top Stories    Duration: 01:30Published
U.S. President Joe Biden Signs Landmark Aid Bill for Ukraine, Israel, Gaza | Oneindia News [Video]

U.S. President Joe Biden Signs Landmark Aid Bill for Ukraine, Israel, Gaza | Oneindia News

President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs. #JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia ~PR.274~ED.103~GR.125~

Credit: Oneindia    Duration: 02:12Published

Joe Biden Again Reads Teleprompter Instruction During Speech, 'Pause'

President Biden had yet another teleprompter gaffe while speaking at a conference Wednesday ... and it's not the first time the prez fumbled a speech, far from..
TMZ.com
Biden inks €89 billion war aid package to support Ukraine, Israel and Taiwan [Video]

Biden inks €89 billion war aid package to support Ukraine, Israel and Taiwan

After months of delays and hand-wringing, the US president celebrated a breakthrough, saying "we came together and we got it done."

Credit: euronews (in English)    Duration: 01:04Published

South Korea South Korea Country in East Asia

Could this pink rice be the food of the future? Scientists say it’s more nutritious than normal rice [Video]

Could this pink rice be the food of the future? Scientists say it’s more nutritious than normal rice

A South Korean research team has developed a new hybrid food, an affordable and eco-friendly source of protein, in a bid to develop a sustainable future option.

Credit: euronews (in English)    Duration: 04:09Published
North  Korea  fires ballistic missile towards sea off east coast, Japan issues alert | Oneindia [Video]

North Korea fires ballistic missile towards sea off east coast, Japan issues alert | Oneindia

North Korea has fired an unidentified ballistic missile into the sea off South Korea's east coast, Seoul's military said on Monday, the latest in an apparent volley of tests by Pyongyang this year. "North Korea has fired an unidentified missile into the East Sea," South Korea's Joint Chiefs of Staff said, referring to the body of water also known as the Sea of Japan. #NorthKorea #BallisticMissile #EastCoast #JapanAlert #SecurityConcern #MilitaryTension #GlobalSecurity #RegionalStability #MissileThreat #InternationalRelations ~HT.178~PR.152~ED.155~GR.121~

Credit: Oneindia    Duration: 03:01Published
South Korea’s Opposition Dominates Parliamentary Elections [Video]

South Korea’s Opposition Dominates Parliamentary Elections

South Korea’s Opposition , Dominates Parliamentary Elections. South Korea's Democratic Party won "175 seats in the 300-member single-chamber parliament" on April 10, NPR reports. The ruling right-wing People Power Party became a smaller minority with only 108 seats. . The outcome is considered to be a blow to conservative President Yoon Suk Yeol. The country's prime minister and other presidential officials offered to resign after the crushing defeat. . The country's prime minister and other presidential officials offered to resign after the crushing defeat. . I apologize to the people on behalf of our party, which wasn’t good enough to win the people’s choices, Han Dong-hoon, People Power Party leader, via statement. While Yoon said that he intends to "humbly uphold" the will of the people as indicated by the election results, . it is not known if he will accept his staff's offers to resign. . Lee Jae-myung, the Democratic Party leader who is considering running for president again, . said there is a need for both parties to "pull together" to "resolve economic and public livelihood problems.". The results of the parliamentary elections are not the victory by the Democratic Party, but the great victory by our people, Lee Jae-myung, the Democratic Party leader. Now, the elections are over. Both the ruling and opposition political parties must pull together all their strength to resolve economic and public livelihood problems, Lee Jae-myung, the Democratic Party leader. According to the National Election Commission, voter turnout reached its highest level in over three decades for a parliamentary election, NPR reports.

Credit: Wibbitz Top Stories    Duration: 01:31Published
South Korea: President Yoon’s Party Suffers Electoral Defeat, PM Offers Resignation| Oneindia News [Video]

South Korea: President Yoon’s Party Suffers Electoral Defeat, PM Offers Resignation| Oneindia News

The outcome of Wednesday's elections in South Korea dealt President Yoon Suk Yeol a severe political blow, probably delaying his domestic program and putting him in the path of an increasingly aggressive political campaign from his liberal opponents for the remainder of his three-year term in office. #SouthKorea #SouthKoreaElections #YoonSukYeol #HanDongHoon #HanDuckSoo #SouthKoreanews #Philippines #Worldnews #Oneindia #Oneindianews ~PR.282~

Credit: Oneindia    Duration: 02:29Published
Opposition win in South Korea election to deepen policy stalemate for Yoon [Video]

Opposition win in South Korea election to deepen policy stalemate for Yoon

Credit: FRANCE 24 English    Duration: 01:44Published

South Africa South Africa Country in Southern Africa

MP's Gandhisagar wildlife sanctuary to get 5-8 cheetahs from South Africa

A team from South Africa recently visited the Gandhisagar Wildlife Sanctuary in Madhya Pradesh to assess the readiness for the release of five to eight cheetahs..
IndiaTimes

Boeing Jet Makes Emergency Landing in South Africa, Video Shows

Boeing's string of bad luck seems never-ending ... the aircraft company recently had another mishap as one of its jets had to make an emergency landing in South..
TMZ.com

Kitshoff out for season & Hume suffers knee injury

South Africa double World Cup winning prop Steven Kitshoff has played his last game for Ulster while centre James Hume has suffered a serious knee injury.
BBC Sport

Wales host Fiji, Australia and South Africa in November

Wales will host Fiji, Australia and South Africa in the autumn international series in November in Cardiff, with two Sunday games.
BBC Sport

Lions end Leinster's winning streak in South Africa

The Lions utilise a fast start to hand Leinster just a third defeat of the season at Emirates Airline Park.
BBC Sport

Asia Asia Continent

Asia most disaster-hit region from climate change in 2023 [Video]

Asia most disaster-hit region from climate change in 2023

Credit: FRANCE 24 English    Duration: 06:03Published

Murdoch partner helps Asia’s richest man build a media empire

Viacom18's Uday Shankar leads effort to merge with Disney India, targeting 600 million viewers. The company aims to dominate the Indian media industry with a..
IndiaTimes

Bengaluru gets Asia’s 1st dedicated Space domain awareness centre

Bengaluru is now home to a state-of-the-art command and control centre dedicated to monitoring and managing space traffic. The facility, located at the global..
IndiaTimes
Mumbai Becomes Asia's Billionaire Capital on Global Rich List [Video]

Mumbai Becomes Asia's Billionaire Capital on Global Rich List

Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List. NBC reports that Mumbai has become the Asian capital with the highest number of billionaires, dethroning Beijing at the top of the exclusive list. . NBC reports that Mumbai has become the Asian capital with the highest number of billionaires, dethroning Beijing at the top of the exclusive list. . According to the Hurun Research Institute's global rich list, India's financial capital registered 92 billionaires in 2024. . Beijing comes in just below Mumbai with 91 billionaires, and Shanghai rounds out the top three with a total of 87 billionaires. Beijing comes in just below Mumbai with 91 billionaires, and Shanghai rounds out the top three with a total of 87 billionaires. The top of the list globally is New York with 119 billionaires, followed by London with a total of 97. . The top of the list globally is New York with 119 billionaires, followed by London with a total of 97. . According to the report, there are a total of 3,279 billionaires globally in 2024, an increase of 5% compared to 2023. . NBC reports that China as a whole still has the most billionaires overall with 814 in 2024, but the country lost 155 billionaires compared to 2023. . China had a bad year. Wealth creation in China has gone through deep changes these last few years, with the wealth of billionaires from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC. The United States comes in second with 800 billionaires, and India registered a distant third place with 271. The United States comes in second with 800 billionaires, and India registered a distant third place with 271. According to the report, artificial intelligence played a significant role in increasing the number of ultra wealthy people in the U.S. . Whilst [Nvidia CEO] Jensen Huang has grabbed many of the headlines as Nvidia broke through the $2 trillion mark, catapulting him into the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC. Whilst [Nvidia CEO] Jensen Huang has grabbed many of the headlines as Nvidia broke through the $2 trillion mark, catapulting him into the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC. ... the billionaires behind Microsoft, Google, Amazon, Oracle and Meta have seen significant surges in their wealth as investors bet on the value generated by AI, Hurun Research Institute's global rich list report, via NBC

Credit: Wibbitz Top Stories    Duration: 01:31Published
All You Need To Know About the Top Five Solar Parks Of India| Oneindia News [Video]

All You Need To Know About the Top Five Solar Parks Of India| Oneindia News

As global sustainability efforts surge, solar energy emerges as a leading renewable option. Revered since ancient times, the sun now powers modern civilization. India, a solar powerhouse, generates 5,000 trillion kWh annually, ranking third in Asia. Solar parks like Bhadla, Pavagada, Kurnool, NP Kunta, and Rewa drive India's renewable energy transition. #India #GlobalEconomy #Bhadla #Pavagada #Kurnool #NPKunta #Rewa #SolarEnergy #SolarEnergy #SolarPandels #Indianews #Oneindia #Oneindianews ~HT.178~PR.152~ED.194~GR.124~

Credit: Oneindia    Duration: 08:01Published

Related news from verified sources


Related videos from verified sources

Biden ramps up tougher rhetoric against China at G7 [Video]

Biden ramps up tougher rhetoric against China at G7

World leaders attending the G7 summit issued a final communique that confronted China on just about every sore spot, from human rights abuses to a push for a renewed independent investigation into the..

Credit: Bleacher Report AOL     Duration: 03:24Published
G7 Summit: leaders seek to rival China with grand infrastructure plan [Video]

G7 Summit: leaders seek to rival China with grand infrastructure plan

Credit: FRANCE 24 English     Duration: 02:22Published