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Geoeconomics

NORTH AMERICA

UNITED STATES:

  • US President Joe Biden has suggested -in a call with British Prime Minister Boris Johnson-founding an initiative from “democratic” countries to rival China’s trillion-dollar Belt and Road infrastructure initiative as tensions spike between the Asian power and Western nations. The European Union, Britain, Canada and the US sanctioned several members of Xinjiang’s political and economic hierarchy in coordinated action over the rights allegations, prompting retaliation from Beijing in the form of sanctions on individuals from the EU and UK.

SOURCE: ALARABIYA NEWS


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