US President Joe Biden has given a warning about China. He has said that 'If America did not show speed in terms of spending on infrastructure, then China would be heavy and America would lag.
On Thursday, Joe Biden warned in a meeting with some members of the Senate. In this meeting, he stressed the need to spend more on infrastructure.
A day earlier, US President Joe Biden spoke to Chinese President Xi Jinping over the phone. This was Jo Biden's first phone call with Xi Jinping after reaching the White House.
It has been told that in this conversation, Xi Jinping said in very clear words that 'Confrontation can prove very fatal for both countries. Joe Biden warned about China after meeting with members of the Environment and Public Works Committee.
He told the senators that 'we need to increase spending on infrastructure. They (China) are spending billions of dollars in various areas, whether they are means of transport, environmental schemes, or other infrastructure matters, they are spending a lot on them. So we also have to increase our footsteps and improve our standard. '
During his election campaign, Joe Biden proposed to create nearly two trillion US dollars of jobs in four years and spend on projects related to clean energy.
The American Society of Civil Engineers (ASCE) estimates that to compensate for the lack of infrastructure in the United States, by 2025, it may cost about two trillion US dollars, and if this shortfall is not met, the US economy will suffer from it. Double price may be lost. "
According to a World Economic Forum report in 2019, the US was ranked 13th in terms of infrastructure quality, while in 2002, the US was ranked fifth.
During this time, China has spent too much on its infrastructure. China is investing heavily to further develop the high-speed rail network. Apart from this, money is being spent heavily on metro systems, residential apartments with advanced technology, electricity grids, and mobile networks.
Joe Biden stated with his warning that "China has big plans for rail projects. They already have rail that can easily run at 225 miles per hour."
It has been told that Joe Biden, in conversation with Chinese President Xi Jinping, also raised issues on which there have been differences between the two countries.
According to the White House, Joe Biden also spoke about America's concerns over China showing vigor for trade, forcing Hong-kong and dealing with Weigar Muslims in Xinjiang Province. White House spokeswoman Jane Pasaki said that "President Biden in his conversation with the President of China also mentioned the lack of transparency on his part about the Corona epidemic."
However, President Xi Jinping maintained his same stern stance on Hong-kong, Xinjiang, and Taiwan and said that these are internal affairs of China that are related to China's sovereignty.
According to the Foreign Minister of China, in a conversation with Biden, Xi Jinping said that the confrontation between the US and China can prove to be very fierce, so both countries should avoid making false guesses about each other.
The demonstrations in Nagpur over the removal of Aurangzeb's tomb suddenly took the form of viole
This year Janmashtami is being celebrated in some places on the 18th and in some places on the 19
After the elections of five states are over, now inflation has started increasing. Oil companies
Prabhas' mega budget film 'Kalki 2898 AD' has continued its strong performance and has achieved a
Despite tensions over the Ukraine invasion, cooperation between the United States and Russia cont
You must have seen sports happening in the stadium most of the time but in Pakistan, it is being
US intelligence agency CIA Chief William Burns said that raising concerns over the use of nuclear
OYO Hotels IPO may come in early 2023. The hotel-booking company filed new financial documents wi
Iran preparing for a major attack on Saudi Arabia claims intelligence report; US military on alert
Saudi Arabia has warned the US that Iran is preparing for a major attack. Saudi Arabia is the tar
LIC IPO was open for subscription on May 4 and till May 9, it has received an overwhelming respon
