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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's investments in developing countries. (POOL/AFP via Getty Images)
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's investments in developing countries. (POOL/AFP via Getty Images)

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