Who Will Win the Strategic Long Game? The G7’s Build Back Better World or China’s Belt and Road Initiative?

This research note contrasts competing development initiatives: The first is China’s Belt and Road Initiative that has been implemented since 2013 and the second is the Build Back Better World vision announced at the recent G7 summit in Carbis Bay. Both are strategies to gain global influence in the economic and political sphere though it remains to be seen if Build Back Better World emerges as an attractive alternative to the Chinese program.