https://www.dailymail.co.uk/news/article-10954513/Biden-unveils-200-billion-infrastructure-projects-world-tackle-Chinese-influence.html

G7 leaders unveil $600 billion infrastructure

plan to tackle Chinese influence: President

Biden commits $200 billion in funding

for solar farms, vaccine plants and communications

links around the world

Daily Mail (UK), by Rob Crilly & Emily Goodin

Posted By: Imright, 6/26/2022 12:20:07 PM

The White House announced plans on Sunday to spend $200 billion on solar projects in Angola, an undersea telecommunications cable linking the Far East with France via Egypt, and nuclear power production in Romania as part of a huge G7 infrastructure plan designed to compete with China's massive Belt and Road initiative. The proposals were unveiled on the first day of the G7 summit in Germany, where world leaders met to discuss the global economy and Russia's war in Ukraine. In all, G7 nations will commit $600 billion to the effort over the next five years, President Joe Biden announced, calling the investment a humanitarian, economic and security concern.