Countering the PRC Malign Influence Fund Authorization Act of 2023

Bill 118 hr 1157, also known as the Countering the PRC Malign Influence Fund Authorization Act of 2023, is a piece of legislation introduced in the US Congress. The purpose of this bill is to address and counteract the negative influence of the People's Republic of China (PRC) on various aspects of American society.

The bill authorizes the establishment of a fund specifically dedicated to countering the malign influence of the PRC. This fund will support efforts to combat Chinese propaganda, espionage, and other activities that threaten US national security and interests. Additionally, the bill aims to strengthen partnerships with other countries in order to collectively address the challenges posed by the PRC.

Furthermore, the bill emphasizes the importance of protecting American intellectual property and technology from Chinese theft and espionage. It also calls for increased transparency and accountability in dealings with Chinese entities, particularly in the areas of trade and investment. Overall, the Countering the PRC Malign Influence Fund Authorization Act of 2023 seeks to address the growing concerns about the PRC's influence on the US and to take proactive measures to safeguard American interests.