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Can the G7 really build back the world better than China?

Over the weekend, the Biden administration announced a G7-backed plan to build climate-friendly infrastructure projects across the developing world. Against the backdrop of rising US-China competition, the plan is widely perceived as a direct challenge to China's Belt and Road Initiative, which also aims to build roads, ports, and rails across the Global South.

But what is really in the new G7 program — known as "B3W" (Build Back Better for the World) — and what is it meant to achieve? Here are a few questions to ponder.

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Biden and G7 take on China

Ian Bremmer's Quick Take:

Hi, everybody happy Monday. Ian Bremmer here. I've got a Quick Take for you. Thought we would talk a little bit about President Biden's first trip outside the United States as president and the G7, which frankly went better than expected. I'm the guy that talks about the GZERO world and the absence of global leadership. But the desire of a lot of American allies to have a more regularized relationship with the United States that feels like a partnership and alliance is pretty high. And President Biden's willingness to play that role, irrespective of the constraints and divisions that he has back at home, it's also pretty high. And those two things aligned.

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What does “build back better” even mean (and can we do it)?

What does President Biden's "build back better" slogan really mean? Well, it implies the world before the pandemic already needed some fixing. In fact, it's kind of like "Make America Great Again." And there's a reason why those phrases hit home. A lot of people DO think the system is broken. But beyond catchy slogans, how do we actually fix it?

Watch the episode: Is modern society broken?

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