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China Economic Data Center: Better Understanding Financial Risks.

This bill establishes a new center to collect and analyze economic data on China. This aims to help the U.S. government better understand financial risks associated with the Chinese economy, potentially impacting the stability of citizens' investments and retirement accounts. Regular reports and public updates are intended to increase transparency and public awareness.
Key points
A China Economic Data Coordination Center will be established to monitor the Chinese economy.
The Center will collect data on debt, banking, foreign exchange reserves, and retirement investments linked to China.
Regular reports and public updates on the data will be provided to Congress and the public.
The U.S. government will develop strategies to respond to potential financial risks from China, potentially protecting American investments.
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Additional Information
Print number: 117_S_1822
Sponsor: Sen. Wicker, Roger F. [R-MS]
Process start date: 2021-05-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to direct the Secretary of Commerce to establish within the Bureau of Economic Analysis of the Department of Commerce a China Economic Data Coordination Center.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1822.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-25.

What are the main provisions?

Key points include:

  • A China Economic Data Coordination Center will be established to monitor the Chinese economy.
  • The Center will collect data on debt, banking, foreign exchange reserves, and retirement investments linked to China.
  • Regular reports and public updates on the data will be provided to Congress and the public.
  • The U.S. government will develop strategies to respond to potential financial risks from China, potentially protecting American investments.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Wicker, Roger F. [R-MS].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments