US President Joe Biden has announced a plan to restore infrastructure to compete with Chinese investment.
According to media reports, US President Joe Biden during a news briefing presented a plan of 23 23 trillion for the reconstruction of economic infrastructure.
The White House says the 23 23 trillion plan will create a brand new economy that will overtake China.
Under the project, 32,000 km of roads, 10 major and 10,000 minor bridges of economic importance will be rebuilt.
Under the project, power systems, computer broadband and transit systems will be extensively upgraded, creating thousands of jobs.
Biden’s plan is being seen as a response to Chinese technology and public investment projects.