US Resuscitates Bid at G-7 to Counter China’s Belt and Road - Bloomberg

2022-07-02 15:56:22 By : Mr. Alex Jam

Bloomberg TV's Stephen Engle speaks with outgoing Hong Kong leader Carrie Lam in one of the last interviews of her tumultuous term as Chief Executive. Her five years in office were marred by mass street protests, the imposition of a national security law that tightened Beijing’s grip, and a pandemic response that undermined the city’s international status. Lam tells Engle she has nothing to apologize for to the Hong Kong people.

Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.

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President Joe Biden arrives at Munich Airport ahead of the Group of Seven leaders summit, in Munich, Germany, on June 25.

President Joe Biden rebooted his effort to counter China’s flagship trade-and-infrastructure initiative after an earlier campaign faltered, enlisting the support of Group of Seven leaders at their summit in Germany.

The Build Back Better World initiative, named after Biden’s domestic spending and climate agenda, struggled to get off the ground because not enough G-7 partners contributed financially when it was unveiled a year ago, according to people familiar with its lack of progress. European officials cited the Biden administration’s inability to get its own ambitious economic legislation through Congress.