Peter Martin and Keith Laing

Government, Business

Biden Starts Infrastructure Bet With US Far Behind China

Contractors work on a road under repair along Highway 101 in San Mateo, Calif. Contractors work on a road under repair along Highway 101 in San Mateo, Calif. (David Paul Morris/Bloomberg News)

President Joe Biden is betting that a multitrillion-dollar economic plan centered around infrastructure spending will do more than bolster an American economy hammered by the coronavirus pandemic: It will ensure his country’s competitiveness against China for decades to come.

Peter Martin and Keith Laing | Bloomberg News
March 23, 2021