Increased Oversight of US Investments, Including Pensions, in China
This law requires the US Treasury Secretary to submit annual reports to Congress detailing all portfolio investments made by US persons and entities, including state pension funds, in the People's Republic of China. The goal is to increase transparency regarding how American capital, particularly public retirement funds, is being used, especially concerning sanctioned entities or sensitive sectors. This change is crucial for assessing the financial risk associated with public pension funds.
Key points
The US government must annually report to Congress on the total amount of American capital invested in China.
Reports will specifically track investments made by state pension funds in Chinese entities, including those subject to US sanctions.
This measure aims to provide greater transparency and help assess the financial and security risks associated with public investments.
Status:
Expired
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