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Reuters
Reuters
Business
Yew Lun Tian

China willing to work with U.S. on Build Back Better World initiative

China United States Wang Yi G7 Washington D.C. Belt and Road Initiative
FILE PHOTO: China's Wang Yi, state councillor and foreign minister, waves as he leaves a news conference in Tokyo, Japan, November 24, 2020. REUTERS/Issei Kato/Pool/File Photo

China is willing to work with the United States on a G7-led global infrastructure plan and welcomes Washington to join its Belt and Road Initiative, Chinese Foreign Minister Wang Yi said on Monday.

The Group of Seven (G7) richest democracies, consisting of United States and its allies, proposed the Build Back Better World (B3W) initiative in June to help developing countries meet infrastructure needs, as they sought to counter China's growing influence.

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