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Biden, G-7, want to counter China's financing for developing nations

Nov 2, 2021
President Joe Biden wants advanced economies to finance infrastructure development in the developing world and, in doing so, counter China's influence.
President Joe Biden addresses a press conference at COP26 in Glasgow on Nov. 2. At the conference, Biden said he wants to see advanced economies pay for environmentally friendly infrastructure in the developing world.
Brendan Smialowski/AFP via Getty Images