S 2069
Exposing China’s Belt and Road Investment in America Act of 2023
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Exposing China’s Belt and Road Investment in America Act, requires the Committee on Foreign Investment in the United States (CFIUS) to review investments made by China in the U.S., specifically focusing on ‘greenfield’ investments – new projects established in the U.S. It expands CFIUS’s authority to scrutinize transactions involving real estate purchases and the establishment of U.S. businesses, particularly those potentially controlled by the Chinese government or affiliated entities. The bill mandates that parties involved in these investments submit detailed declarations to CFIUS for review.
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