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Code · BILL · 117th Congress · H.R. 7457 (Introduced in House) — To hold the Chinese Communist Party accountable for the COVID–19 pandemic that has killed approximately 981,000 Ameri... · Sec. 403

Sec. 403. Analysis of financial ambitions of the Government of the People’s Republic of China

192 words·~1 min read·/bill/117/hr/7457/ih/section-403·

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The Director of the Office of Commercial and Economic Analysis of the Air Force shall conduct an analysis of— the strategic importance to the Government of the People’s Republic of China of inflows of United States dollars through capital markets to the People’s Republic of China; the methods by which that Government seeks to manage such inflows; how the inclusion of the securities of Chinese entities in stock or bond indexes affects such inflows and serves the financial ambitions of that Government; and how the listing of the securities of Chinese entities on exchanges in the United States assists in— meeting the strategic goals of that Government, including defense, surveillance, and intelligence goals; and the fusion of the civilian and military components of that Government.
The Director of the Office of Commercial and Economic Analysis of the Air Force shall submit to Congress a report— setting forth the results of the analysis conducted under subsection (a); and based on that analysis, making recommendations for best practices to mitigate any national security and economic risks to the United States relating to the financial ambitions of the Government of the People’s Republic of China.
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