Visiting Scholar, @CarnegieEndow @CEIPStatecraft | Former Deputy Assistant Secretary @StateDept
Aug 14 • 5 tweets • 1 min read
China invests billions overseas to secure its future.
The U.S. invests billions too – through our Development Finance Corporation (DFC) – but with the brakes on.
Congress has only 8 weeks left to change that – before the agency expires. 🧵
The DFC was built to compete with China – financing development projects abroad that also advance U.S. interests.
Think: biotech, solar manufacturing, critical minerals.