Sec. 4. Sense of Congress on engagement with the People’s Republic of China
169 words·~1 min read·
/bill/116/s/2955/is/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the sense of Congress that— the United States Government should encourage the People’s Republic of China to follow through on its stated intentions to reduce the negative environmental impacts of Chinese foreign investment, including investments provided through the Belt and Road Initiative; the United States Government should negotiate a binding agreement to end fossil fuel subsidies with major economies including the People’s Republic of China; the United States Government should build on the successes of existing engagement with the People’s Republic of China through the United States-China Clean Energy Research Center and other initiatives to launch new cooperative efforts; the United States Government should engage in expanded dialogue with the People’s Republic of China to ensure that development finance institutions do not undermine global decarbonization efforts; and the United States Government should work with the People’s Republic of China to develop and adopt safeguards to promote low-carbon, climate-resilient investments over high-carbon, climate risk-inducing investments, particularly in emerging and developing economies in the Indo-Pacific, Africa, and Latin America.