Biden announced a $600 billion global infrastructure program to counter China's clout
A decade after China's global infrastructure program started, the U.S., G7 countries and private capital will invest in clean energy, technology and other projects in developing countries.
President Biden announced on Sunday that the U.S. will mobilize $200 billion dollars of investment in global infrastructure projects in the next five years, as part of an effort by the world's leading democratic economies to counter China's Belt and Road Initiative. The overall investment, including G7 partners and private capital, aims to hit $600 billion over the next five years.
"This isn't aid or
