Saturday, October 2, 2021

The White House sees a new $150 million loan in Ecuador as way to compete with China

President Biden addresses the United Nations General Assembly, where he made a case for investing in developing nations.

The White House sees the loan to support women-owned businesses as a model for the kind of project that the U.S. plans to support to compete with China's Belt and Road initiative.

(Image credit: Eduardo Munoz-Pool/Getty Images)

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