A spokesman for the Chinese embassy in London was quoted by Reuters news agency as saying: “The days when global decisions were dictated by a small group of countries are long gone.
In a statement on Saturday, the G7 countries – the world’s seven wealthiest democracies – said their infrastructure plan would offer a “values-driven, high-standard and transparent” partnership. Details of how it will be financed remain unclear.
BBC political correspondent Rob Watson, at the summit, says that President Biden is trying to frame the post-pandemic world as a struggle between democracies and autocracies.
But there appears to be no consensus yet among the G7 nations over whether China is a partner, a competitor or a security threat, our correspondent adds.