Failure of B3W: Why?

Build Back Better World or B3W is an initiative undertaken by G7 countries. Launched in June 2021, the initiative is designed to counter China's strategic influence of the BRI Project by providing an alternative to the Belt and Road Initiative for the infrastructure development of the low and middle income countries.

The project though seemingly looks promising, yet it will fail to break China's influence in maintaining world order. The project is mainly put forth to counter China's BRI project which is growing not only in China, but also in Europe. Here are some reasons why B3W will fail in comparison with BRI:

1. G-7 only makes 40% of the GDP of the world, while 60% of the GDP lies beyond these countries.

2. Germany is getting close ties with China for being the the bigger importer of Chinese goods.

3. France and Italy are not so clear in their statements and actions. There is imbiguity in their behaviour.

4. China's BRI is more comprehensive and has successfully completed its some projects. Its work is going rapdily and smoothly. While B3W has not taken its shape hemceforth.

5. The expenditure of BRI are being invested by Chinese Banks and its companies. While there is no as such road map for the investment in B3W.

6. The influence of China is far greater than G-7 countries. China has also successfully completed its national agendas by eradicating poverty, corruption etc.

7. America who is leading the project is already grappling with internal challenges of poverty, unemployment, racial discrimination and political opposition. It is a day dream for it to work for a better world, when you're not giving due rights to your citizens.

8. History has revealed that Capitalism doesn't work for the benefit of humanity. Rather it works for the benefit of a few. Today's concentrated wealth amd power in few hands leaving all other mercilessly dying. On the other hand, Communism, though not perfectly good, is better as it has achieved its agenda and is an example of its own.

-Muhammad Abrar