dbo:abbreviation
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dbo:abstract
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- The Partnership for Global Infrastructure and Investment (PGII) is a collaborative effort by Group of Seven to fund infrastructure projects in developing nations. It is considered to be the bloc's counter to China's Belt and Road Initiative. (en)
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dbo:purpose
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- Fund infrastructure projects in developing nations
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- 4720 (xsd:nonNegativeInteger)
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dbp:abbreviation
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dbp:name
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- Partnership for Global Infrastructure and Investment (en)
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dbp:purpose
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- Fund infrastructure projects in developing nations (en)
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dbp:source
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- EBRI Q2 2022 results: G7 Competes with China, Euromoney Country Risk (en)
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dbp:text
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- The US-led G7 and Nato bloc [is] accelerating its ‘pivot to Asia’: the perceived enemy being China, and the weapon of choice infrastructure finance, focusing on energy and transport assets, and massive private equity investments in semiconductors, liquified natural gas terminals and agribusiness, etc.”.. [Singapore Forum director] Nicolas Firzli notes that the US administration of president Joe Biden has successfully convinced its partners in Paris, Berlin, Rome and Tokyo to ‘develop a values-driven, high-impact and transparent infrastructure partnership’ to counter China’s Belt and Road Initiative. “But this plan comes rather late in the game,” he adds. “China has already established solid positions, lower costs and superior technical skills, notably in the fields of civil engineering, construction, high-speed rail and renewable energy.”. (en)
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rdfs:comment
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- The Partnership for Global Infrastructure and Investment (PGII) is a collaborative effort by Group of Seven to fund infrastructure projects in developing nations. It is considered to be the bloc's counter to China's Belt and Road Initiative. (en)
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rdfs:label
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- Partnership for Global Infrastructure and Investment (en)
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foaf:name
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- Partnership for Global Infrastructure and Investment (en)
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