G-7 leaders have recently launched B3W to counter the Belt and Road Initiative of which country?
A. Japan
B. Australia
C. China
D. America
Explanation:
The G7 (seven richest economies in the world) arrived at a consensus and offered developing nations an infrastructure plan which can rival China’s multi-million-dollar Belt and Road Initiative or BRI. The infrastructure plan is being led by United States president Joe Biden. The Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion, the leaders at the G7 summit hoped.