At this year's G7 summit, leaders from the bloc of industrial economies launched a new "Partnership for Global Infrastructure and Investment" initiative, pledging to raise $600 billion in funds over the next five years to finance infrastructure in developing countries. This isn't the first time the US and its other G7 partners have put forward global infrastructure initiative. Yet every iteration of an American-led response to the Chinese infrastructure project has underperformed. The G7 ambition for supporting the development of global infrastructure will turn into a pipe dream.