The United States, it is argued, cannot match that kind of state-driven capital deployment and therefore cannot compete on infrastructure. This objection misunderstands both the nature of the competition and the actual financing tools the United States has available.

The United States, it is argued, cannot match that kind of state-driven capital deployment and therefore cannot compete on infrastructure. This objection misunderstands both the nature of the competition and the actual financing tools the United States has available.