US to exclude China from global finance groups if Taiwan threatened
This bill requires US financial agencies to exclude representatives from China from key international banking organizations if the President determines China's actions threaten Taiwan or US interests. This aims to limit China's influence in global financial discussions under specific circumstances.
Key points
The US must exclude China's representatives from major global financial groups (like G20, Bank for International Settlements) if China threatens Taiwan or US interests.
The US President can waive this exclusion if deemed in the national interest.
These rules will be in effect for 5 years unless ended sooner by the President.
Expired
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