TELFS-BUCHEN, Austria – The US and its allies on Sunday planned to invest billions of dollars for infrastructure projects in developing countries in an effort to challenge a similar program by China as they seek to challenge autocracy .
In a meeting with the Group of Seven leaders in Germany, President Biden said the US will contribute $200 billion over five years toward a partnership for global infrastructure and investment, connecting Singapore to a $2 billion solar project in Angola. Up to $600 million worth of submarine telecommunications cables. France.