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Brendan Smialowski / AFP
U.S. President Joe Biden addressed the COP26 assembly in Glasgow, Scotland on Tuesday. He used a few of his time to restate the broad rules guiding his Construct Again Higher World (B3W) initiative that’s ostensibly supposed to construct infrastructure in creating nations however can be proving fairly helpful to throw shade at Beijing.
“Being clear about how we’re financing our tasks, we provide constructive options to debt — to debt traps and corruption,” President Biden stated in reference to long-standing accusations by the U.S. that China engages in predatory lending practices. “We are able to maintain complete nations again if we don’t try this. Transparency is critically vital,” he added.
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