The U.S. and Allied G-7 Infrastructure Blueprint to Challenge China

TELFS-BUCHEN, Austria — The United States and its allies on Sunday launched a plan to invest hundreds of billions of dollars in infrastructure projects in developing countries in an effort to challenge a similar program. of China, when they want to challenge autocratic regimes.

President Biden, during a meeting with the Group of 7 leaders in Germany, said the United States would contribute $200 billion over five years to the Global Investment and Infrastructure Partnership, from a solar energy project $2 billion in Angola to a $600 million underground telecommunications cable connecting Singapore with France.

https://www.wsj.com/articles/u-s-and-g-7-allies-detail-infrastructure-plan-to-challenge-china-11656255601 The U.S. and Allied G-7 Infrastructure Blueprint to Challenge China

Mike Fahey

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