G20 leaders reveal mega rail, ports deal to rival China


Source: afr.com afr.com

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Although White House officials did not set a timeline for its completion, the corridor would provide a physical and ideological alternative to China’s own nation-spanning infrastructure program. Prime Minister Narendra Modi of summit host India said: “Today, as we embark upon such a big connectivity initiative, we are sowing the seeds for future generations to dream bigger.” The deal will benefit low- and middle-income countries in the region, and enable a critical role for the Middle East in global commerce, Jon Finer, the US deputy national security adviser, told reporters at the bloc’s annual summit in New Delhi. It aims...