The plan to 'Build Back Better' across the globe isn't enough to counter China
from Greenberg Center for Geoeconomic Studies and Asia Program

The plan to 'Build Back Better' across the globe isn't enough to counter China

Originally published at The Hill

June 16, 2021 10:56 am (EST)

Article
Current political and economic issues succinctly explained.

More on:

China

Belt and Road Initiative

Below is an excerpt of an op-ed originally published at The Hill

More From Our Experts

For too long, the U.S. response to Belt and Road has been to highlight its pitfalls and warn countries not to accept Chinese financing or technology, without offering an alternative. For the first time, the United States is now putting forward a comprehensive, affirmative agenda. Build Back Better World also emphasizes the right things — transparency, economic, environmental, and social sustainability, good governance and high standards. Still, it is unclear whether Build Back Better World will have the tools it needs to compete.

More From Our Experts

More on:

China

Belt and Road Initiative

Creative Commons
Creative Commons: Some rights reserved.
Close
This work is licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) License.
View License Detail
Close

Top Stories on CFR

Iran

The unprecedented Iranian attack on Israel presents U.S. officials with mounting challenges in trying to contain the conflict and maintain a deterrence against Iran and its allies.

Economics

The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global economic turbulence. But major challenges remain, including growing climate finance needs and persistently high global debt levels.

Japan

The highlights from Kishida Fumio's busy week in Washington.