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The Spending Race Between Japan And China On Global Infrastructure

Japanese Prime Minister Shinzo Abe talks with British Prime Minister David Cameron (not seen) during a bilateral meeting on May 24, 2016 in Shima, Japan. (Chung Sung-Jun/Getty Images)
Japanese Prime Minister Shinzo Abe talks with British Prime Minister David Cameron (not seen) during a bilateral meeting on May 24, 2016 in Shima, Japan. (Chung Sung-Jun/Getty Images)

Leaders from the world’s wealthiest countries kicked off their G-7 meeting Thursday in Japan with a call from that country for more infrastructure spending in poorer countries around the world.

Japan is touting its new plan to spend $200 billion over the next five years, on “high quality” infrastructure around the world. China, which is not at the G-7 meeting, has been investing heavily across Asia and Africa.

Here & Now’s Meghna Chakrabarti speaks with business journalist Ali Velshi about the infrastructure race between Japan and China.

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