The US decided to counterbalance BRI with the help of its western allies and launched Build Back Better World (B3W). B3W is a global infrastructure initiative that will help narrow the $40 trillion infrastructure across multiple countries having negligible growth by 2035. Both BRI and B3W has some advantages and disadvantages. Covid-19 impacted 20% of BRI projects with delays. Germany, Italy and UK will find it harder to project B3W as an alternative to BRI.

Source: The Nation August 29, 2021 01:52 UTC