What’s behind the G7’s rival to China’s ‘Belt & Road’ initiative?

China’s ‘Belt and Road Initiative’ has financed trillions of dollars’ worth of infrastructure projects in the developing world. But critics accuse Beijing of using the scheme to trap poorer nations under its influence into debt. The G7 group of the world’s leading industrialised nations is offering what the U.S president calls a ‘democratic alternative’. China has slammed the proposal as ‘sinister’. Will developing nations benefit?