Exposing China’s Belt and Road Investment in America Act of 2021

Bill 117 HR 5806, also known as the Exposing China's Belt and Road Investment in America Act of 2021, aims to increase transparency and oversight of Chinese investments in the United States. The bill specifically targets China's Belt and Road Initiative, a global infrastructure development strategy that has raised concerns about China's growing influence and potential national security risks.

The bill requires the Secretary of State to submit an annual report to Congress detailing Chinese investments in the US, including infrastructure projects, real estate acquisitions, and other forms of economic activity. The report must also assess the potential national security implications of these investments and recommend any necessary actions to address them.

Additionally, the bill establishes a task force within the Department of State to monitor and analyze Chinese investments in the US and coordinate with other federal agencies to address any security concerns. The task force will also work with US allies and partners to share information and coordinate responses to Chinese investments that may pose a threat to national security. Overall, the Exposing China's Belt and Road Investment in America Act of 2021 seeks to enhance transparency and oversight of Chinese investments in the US, with the goal of protecting national security and ensuring that these investments do not undermine US interests.