At the G7 Summit in the United Kingdom, the summits of the seven major countries agreed to launch a new initiative to support the infrastructure of developing countries, and also agreed to provide the new coronavirus vaccine to the world. With the prospect of doing so, we are clarifying the opposition to China, which is developing the "Giant Economic Zone Concept" and so-called "vaccine diplomacy."

The G7 Summit in Cornwall, southwestern England, will end on the 13th after two days of debate.



On the 12th, each country agreed to launch a new concept to support the infrastructure development of developing countries in response to China's "One Belt, One Road" initiative.



The Presidency of the United Kingdom has also said it expects to agree to provide at least one billion doses of vaccine as a G7 to end the spread of the new coronavirus by the end of next year.



Through the summit, each country has clarified its opposition to China, which develops so-called "vaccine diplomacy."



A senior Biden administration official who positions China as the "most serious competitor" said on the 12th that "a strong foundation has been laid for China to face together" and the human rights issue in China's Xinjiang Uighur Autonomous Region. He also said that each country agreed on how to deal with unfair economic activities that are not based on market principles.

New concept President Biden's speculation

A new concept named "Build Back Better World".



The strong feelings of President Biden of the United States are reflected in the name.



This is because President Biden has used the expression "build back better" as the slogan for rebuilding the US economy, which was hit by the new coronavirus during the presidential election last year.



President Biden, who positions China as a tyranny, is trying to form another clear axis against China by showing the world the unity of developed countries under the common idea of ​​democracy at the G7 summit. ..



However, just setting out the idea does not mean that we can win the trust of developing countries.



Therefore, what we have prepared as a "trump card" is this concept that opposes China's giant economic zone concept "One Belt, One Road."



The background is that many developing countries have heavy debts and are falling into so-called “debt traps” due to the paid support being promoted under “One Belt, One Road”.



Furthermore, there is a suspicion that infrastructure support measures such as ports from mainland China to Europe, which can be compared to "pearl necklaces," may be a stepping stone for the Chinese military to deploy in the future.



For this reason, the new initiative will voluntarily take the American side by presenting another fairer, more sustainable, environmentally and socially friendly option to those "skeptical" countries in China. The aim is to have you choose.



In addition, Secretary of State Antony Blinken, who accompanies President Biden, held a telephone conversation with Yang Jiechi, a member of the Political Bureau, who oversees foreign affairs in China in line with the G7. It seems that there was a speculation that each country was forced to decide which claim was more convincing.



A senior Biden administration official admitted on the 11th that "we have not shown a positive alternative to China's Belt and Road Initiative," and considered the position of developing countries and the global environment together with the G7 countries. By providing a high level of infrastructure support, he showed strong confidence that he could overcome the "One Belt, One Road" initiative.



However, there are challenges in the new concept.



The White House says there will be $ 40 trillion and ¥ 4,400 trillion in demand for infrastructure development in developing countries by 2035, but it is not known at this time how much money the G7 will be able to raise.



In addition, it takes time and money, including environmental impact assessments, to carry out high-level, environmentally friendly projects that remain transparent.



Therefore, the key to success or failure may be how quickly this concept can be implemented in the future.



* Chi is a goose on a bamboo crown and a tiger in it