Restricting China's Access to US Capital Markets for Non-Compliance with International Law.
This bill aims to prohibit the Chinese government and its controlled commercial entities from making new investments in US financial markets and exchanges. The restriction will be triggered if the Treasury Secretary determines that China is failing to comply with international rules regarding sovereign debt, financial transparency, or fair trade practices. The measure seeks to protect the stability of the US financial system from risks posed by non-compliant foreign state actors.
Key points
Investment Ban: US exchanges, banks, and brokers would be prohibited from accepting new investments from the Chinese government or entities it controls.
Condition: The ban applies only if China fails to comply with specific international financial and trade laws (e.g., rules on sovereign debt and market transparency).
Expired
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