America's $60 Billion Plan to Counter China Overseas | China News | America Uncovered

A new front in the US-China trade war has opened up and that’s foreign investment. In the beginning of October, President Trump signed the Better Utilization of Investments Leading to Development, or BUILD Act. It combines several smaller government agencies into the new US International Development Finance Corporation, or IDFC with 60 billion dollars to invest in developing nations around the world—mostly in Africa. The goal is to counter Chinese investment in Chinese leader Xi Jinping’s Belt and Road Initiative.

America Uncovered relies on viewer support. Click here to learn more:

or visit us on Facebook!

or Twitter!


china africa summit china kenya


Leave a Reply

Your email address will not be published.

Previous Story

#117 China Is Building A New World Order | China Unscripted

Next Story

The 2 Things China Is Terrified of I China Unscripted