Biden’s Blue Dot seeks to derail China’s Belt and Road – Asia Times

MANILA Amid an escalating new Cold War, the Biden administration is mobilizing allies and partners to slow China s technological strides and arrest its rising global influence.

In particular, the US has doubled down on reviving the so-called Blue Dot Network, a long-dormant initiative launched by the previous Trump administration to counter Beijing s Belt and Road Initiative (BRI). 

The Blue Dot Network will be a globally recognized symbol of market-driven, transparent and sustainable infrastructure projects, the US State Department said after the consultation group s inaugural meeting in Paris earlier this week. 

Aside from major Western governments and Japan, leading academics, civil society leaders and as many as 150 global executives boasting a US$12 trillion in their combined portfolio were in attendance, underscoring the breadth and ambition behind the initiative. 

To counter what critics see as China s predatory trade practices, the Biden administration has also launched a supply chain trade strike force, which will be led by the US Trade Representative.

via asiatimes.com

A snazzier name would have helped.