Categories: US

Blinken urges investing at home to compete with China

WASHINGTON: State Secretary Antony Blinken said Monday that the United States needs to invest more at home to compete with rivals led by China, spending “domestic renewal” as a key to foreign policy.
The top speech of US diplomat reflects what the administration of President Joe Biden is called “Foreign Policy for the middle class” with a focus on competitiveness in domestic and abroad and the opposite of expensive military commitments.
Blinken toured a technical laboratory at the University of Maryland on the outskirts of Washington where 3D printers are noisy flowing prototypes for new products.
“The Chinese and Russian governments, among others, make arguments in public and personally that the United States is declining so it is better to throw you a lot with their authoritarian vision for the world than the democratic,” Blinken said in the university’s advanced fabrication lab.
“Nothing will rest faster their arguments about the best days behind us than if the United States makes a serious investment in our domestic update now,” he said.
Blinken cited the study of the world economic forum that the United States ranked 13th in infrastructure and said that China spent three times and also invested more in research and development.
Blinken describes China – identified by Biden administration as a long-deployed long-term challenge of the United States – as a “increasing force” but said that the challenges of competitiveness came from various countries.
Nonetheless, US diplomats said the United States remained “the most powerful country and economy in the world,” pointing to its long history of the invention and how international students remain interested in US universities.
“We want to always be a place that represents opportunities, possibilities, achievement.
Investing in our domestic extension now means that we can continue to be flare in the world,” Blinken said.
Blinken’s statement came before the US Senate is expected to approve the infrastructure bill of $ 1.2 trillion, the top priority for Biden who will build bridges, roads, and electric car networks while increasing drinking water and high-speed internet throughout the country.
Biden has ended the end of this month with the 20-year US war in Afghanistan, which according to the cost of the Brown University war project has the cost of the United States of America of more than $ 2.2 trillion.

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