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Biden warns China is going to 'eat our lunch' if U.S. doesn't get moving on infrastructure

From cnbc.com

President Joe Biden warned lawmakers Thursday that China is aggressively outpacing the United States on infrastructure. “They’re investing a lot of money, they’re investing billions of dollars and dealing with a whole range of issues that relate to transportation, the environment and a whole range of other things,” Biden said he told a bipartisan group of senators whom he met with in the Oval Office. “They have a major, major new initiative on rail and they already have rail that goes 225 miles an hour with ease,” he explained, adding that he spoke with Chinese President Xi Jinping for two hours on Wednesday. ... (full story)

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