refocusing. clearly there s still developmental gaps within the region, and the united states has the resources to assist. reporter: i was talking with some u.s. banking officials about this, about what the u.s. can do. one of those individuals told me, look, this is difficult for the u.s. because they will always lose a game of limbo to china. china will always go lower. they will always have lower interest rates. and without those strings attached. the u.s. has a different set of commitments that they force upon any country as part of any agreement from climate justice to human rights. now this summer, mika, the biden administration did go to the g7 countries and urged them to put forward hundreds of millions of dollars in financing to these developing countries to counter china. but so far no concrete plans or commitments. mika? wow. vaughn hillyard, thank you very much for your reporting. we really appreciate it. katty kay, what did you think of vaughn s piece and the impact on