China-U.S. Rivalry Brings Promise of Innovation Investors Crave
- Deutsche Bank says competition helps create national champions
- G-7, NATO underline deep differences heralding investment race
Photographer: Hector Remetal/AFP via Getty Images
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U.S. President Joe Biden’s rallying call to the richest nations to counter China’s growing global influence may end up drawing investors to the markets of America’s rival.
This month’s Group of Seven and NATO meetings in Europe saw the U.S. marshal support for increased investment to compete with China. America also urged firmer condemnation of alleged human rights abuses, in a precursor to this week’s ban on some solar products made in the Xinjiang region.