President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues. White House officials say that at the summit, Biden will spotlight a U.S. plan to increase the lending power of the World Bank and International Monetary Fund by $200 billion. That's an attempt to offer a significant, though smaller, alternative to China's massive Belt and Road infrastructure initiative, which the U.
https://www.mymotherlode.com/news/world/3222737/biden-aims-to-use-g20-summit-and-vietnam-visit-to-highlight-us-as-trustworthy-alternative-to-china.html#mymotherlode
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