Exposing China’s Belt and Road Investment in America Act of 2023

Bill 118 s 2069, also known as the Exposing China’s Belt and Road Investment in America Act of 2023, is a piece of legislation introduced in the US Congress with the aim of increasing 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 adopted by the Chinese government.

The main provisions of the bill include requiring Chinese companies investing in the US to disclose detailed information about their ownership, funding sources, and potential ties to the Chinese government. This information would be made publicly available in a searchable database to ensure transparency and accountability.

Additionally, the bill calls for increased scrutiny of Chinese investments in critical infrastructure sectors such as telecommunications, energy, and transportation. It also seeks to strengthen the Committee on Foreign Investment in the United States (CFIUS) to better assess the national security implications of Chinese investments. Overall, the Exposing China’s Belt and Road Investment in America Act of 2023 aims to protect US national security interests and ensure that Chinese investments in the US are conducted in a transparent and responsible manner. The bill has garnered bipartisan support in Congress and is currently under review in committee.