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G7 leaders unveil $600 billion infrastructure plan to tackle Chinese influence: President Biden promises $200 billion in funding for solar farms, vaccine plants and communications links around the world
- G7 leaders unveiled a $600 billion plan to take on China’s massive infrastructure projects at their summit in Germany on Sunday afternoon
- It comes amid growing alarm that Beijing is winning influence by building roads, bridges and airports throughout the developing world
- The White House said Biden is committing $200 billion for the initiative
- They include solar projects in Angola and a vaccine plant in Senegal
- Officials said they offered a better deal than China’s debt-laden projects
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www.dailymail.co.uk/news/article-10954513/Biden-unveils-200-billion-infrastructure-projects-world-tackle-Chinese-influence.html
h/t KuvaszLove
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