119-s-1011119th CongressWALLET

Belt and Road Oversight Act

Sponsored By: Senator Lankford, James [R-OK]

Introduced

Summary

Country-level oversight of PRC Belt and Road activity would be created to track Chinese investments and influence at every U.S. diplomatic post. It would make diplomats monitor PRC-funded projects, report on debts and assets, and craft country-specific counter-influence plans.

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  • U.S. embassies and diplomats would name a Country China Officer within 60 days and keep that role for a 10-year period. That officer must monitor and report PRC activity, including capital investment in critical infrastructure and Belt and Road Initiative projects.
  • Host countries and their infrastructure would get detailed mapping and risk checks. Embassies must list PRC-controlled assets, identify BRI projects, assess debt that could threaten sovereignty, and note collateral and PRC-owned critical infrastructure.
  • U.S. policymakers and financing bodies would get consolidated intelligence and yearly strategies. The State Department must submit country reports and annual counter-influence and procurement-projection reports for 10 years and encourage the U.S. International Development Finance Corporation to prioritize alternative port and airfield financing in BRI-targeted countries.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

U.S. embassies track China projects

This bill would require every U.S. embassy to name a Country China Officer within 60 days. Each embassy would have one year to deliver a country report listing PRC loans, projects, assets, and known research or education links. Reports would assess debt to China, flag Belt and Road projects, and list possible collateral and PRC-owned critical infrastructure. Embassies and the State Department China Desk would have to notify the Under Secretary within 30 days of new projects. The Under Secretary would make a consolidated report and send annual updates to Congress and the U.S. International Development Finance Corporation for 10 years. Country China Officers would also write yearly procurement reports and country strategies to counter PRC influence. The embassy designation requirement would expire 10 years after enactment.

Sponsors & CoSponsors

Sponsor

Lankford, James [R-OK]

OK • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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