Exposing China's Belt and Road Investment in America Act of 2020 This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States. Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Foreign Trade and International Finance
AsiaChinaCorporate finance and managementForeign and international corporationsGovernment information and archivesIndustrial facilitiesReal estate businessU.S. and foreign investments
Exposing China’s Belt and Road Investment in America Act of 2020
USA116th CongressS-4454| Senate
| Updated: 8/5/2020
Exposing China's Belt and Road Investment in America Act of 2020 This bill requires the Committee on Foreign Investment in the United States to review certain investments made by China in the United States. Specifically, the committee must review any investment by a foreign person that (1) involves the acquisition of real estate in the United States and the establishment of a U.S. business on such real estate, and (2) could result in direct or indirect control of that U.S. business by China. A party to any such investment must submit to the committee a declaration containing basic information regarding the transaction.
AsiaChinaCorporate finance and managementForeign and international corporationsGovernment information and archivesIndustrial facilitiesReal estate businessU.S. and foreign investments