Fortune· 2h ago· 1 min read
The Trump administration is preparing to ramp up funding by hundreds of millions of dollars for programs designed to counter China’s growing influence around the world , after it had put a halt to many of those initiatives last year during a flurry of budget and personnel cuts.
The administration notified Congress late last week that it intends to spend $175.8 million to replace outdated and aging undersea telecommunications cables in the Caribbean and Central America to prevent China from moving in . The Associated Press obtained a copy of the notification on Monday.
The administration has expressed deep concern about China's activities in the Americas, pushing back on Chinese ownership of ports at either end of the Panama Canal , infrastructure projects funded by China's Belt and Road initiative in the region, and Chinese investment in the telecommunications sector .
A State…
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