NNA - United States President Joe Biden announced that the G7 launched today a massive program of investments in developing countries, worth 600 billion dollars, aimed at responding to large-scale projects funded by China, according to "Agence France-Presse."

"With partners in G7, we seek to allocate $600 billion by 2027 for global investment in infrastructure," the White House said ahead of a speech by Biden revealing this proposal during the G7 summit in southern Germany.

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