Biden pledges at Americas summit an alternative to Chinese-led infrastructure and development loans ...Middle East

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WASHINGTON — (AP) — President Joe Biden on Friday welcomed government leaders from countries across the Americas to an economic summit by pledging to increase U.S. investment in the region in part to counter China’s influence. The U.S. president did not specifically mention China in his opening remarks at the first Americas Partnership for Economic Prosperity Leaders’ Summit. But Biden openly alluded to the country that has emerged as a chief geopolitical competitor to the United States that has offered development loans to countries in the Western Hemisphere. “We want to make sure that our closest neighbors know they have a real choice between debt trap diplomacy and high quality, transpa

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