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Biden announced a $600 billion global infrastructure program to counter China's clout

President Biden appears with other G7 leaders on Sunday, as a summit at Elmau Castle in the German Alps gets underway. Biden announced a $200 billion U.S. investment as part of a global infrastructure project by major democracies to counter China

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.

(Image credit: JONATHAN ERNST/POOL/AFP via Getty Images)


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