Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China

Biden aims to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to China

SeattlePI.com

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President Joe Biden hopes to demonstrate to the world at the upcoming Group of 20 summit in India and during a visit to Vietnam that the United States and like-minded allies can be more trustworthy partners than China on economic and security issues. White House officials say that at the summit, Biden will spotlight a U.S. plan to increase the lending power of the World Bank and International Monetary Fund by $200 billion. That's an attempt to offer a significant, though smaller, alternative to China’s massive Belt and Road infrastructure initiative, which the U.S. views as a Trojan horse for Chinese military expansion. In Vietnam, Biden is expected to announce plans to tighten economic cooperation between the countries.

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