Millennium Challenge Corporation
Total 2 Posts
Congressional Hearing on DFC, MCC Touches on China Competition Issues
A House Foreign Affairs Committee hearing yesterday on the Biden Administration’s FY23 Budget Request for the International Development Finance Corporation (DFC) and Millennium Challenge Corporation (MCC) discussed a number of issues related to the role of these agencies in countering China.
Nepal Approves Participation in U.S. Economic Development Grant Seen as BRI Rival
Yesterday, Nepal's government approved participation in a controversial U.S. government development grant that had been caught up in the U.S. - China geopolitical rivalry.