Reveal Risky Business in China Act

Bill 118 hr 4451, also known as the Reveal Risky Business in China Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to address the risks associated with doing business in China, particularly in relation to national security concerns.

The bill requires companies that are publicly traded in the United States to disclose any ties or relationships they have with the Chinese government or Chinese Communist Party. This includes any financial transactions, partnerships, or investments that could potentially compromise US national security interests.

Additionally, the bill mandates that companies disclose any instances of forced labor or human rights abuses in their supply chains in China. This is aimed at increasing transparency and accountability in business practices and ensuring that companies are not inadvertently supporting unethical practices. Overall, the Reveal Risky Business in China Act seeks to protect US national security interests and promote ethical business practices when it comes to dealing with China. It is an important piece of legislation that aims to address the complex challenges of doing business in a country with a different political and economic system.