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)
- Current political and economic issues succinctly explained.
Below is an excerpt of an op-ed originally published at The Hill.
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.