WORLDMay 30 · 12:00 UTCSCMP CHINADulue Mbachu

US agency goes back to the future to take on China’s Belt and Road Initiative

The US International Development Finance Corporation (DFC) was established to counter China's Belt and Road Initiative by investing in private-led projects to secure critical minerals supply chains, blending national security with development finance.

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US International Development Finance CorporationorganizationChina’s Belt and Road Initiativetopiccritical minerals supply chaintopicPresident Donald Trump’s first administrationorganization

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