,,iii #aafth ,,congress #b;d ,session ,s4 ,,con4 ,,res4 #dc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,august #ac1 #bjbj,ms4 ,mc,sally 7for herself and ,mrs4 ,blackburn7 submitted the following concurrent resolution2 which was referred to the ,committee on ,foreign ,relations ,,concurrent ,,resolution ,expressing the sense of ,congress that the ,president should do everything in his power to achieve resolution and repayment of the defaulted sovereign debt of the ,people's ,republic of ,china held by #bj1jjj families in the ,united ,states represented by the ,american ,bondholders ,foundation1 ,,llc4 ,whereas sovereign debt obligations 7in this preamble referred to as bonds7 of the ,government of the ,people's ,republic of ,china were offered and sold in ,united ,states capital markets2 ,whereas the bonds constitute full faith and credit sovereign obligations of the internationally recognized ,government of the ,people's ,republic of ,china2 ,whereas the ,people's ,republic of ,china subsequently defaulted on those bonds2 ,whereas the bonds constitute an unpaid general obligation of the ,government of the ,people's ,republic of ,china2 ,whereas1 under the successor government doctrine of settled international law 7relating to establishing the continuity of obligations among successor governments71 the repayment obligation for the bonds is the obligation of the ,government of the ,people's ,republic of ,china2 ,whereas the ,government of the ,people's ,republic of ,china continues to refuse to repay the bonds held by ,united ,states citizens and has officially repudiated the debts1 which is a clear violation of ,united ,states law1 international law1 and the rules and regulations of the ,world ,bank and the ,international ,monetary ,fund2 ,whereas the ,government of the ,people's ,republic of ,china honored repayment of the exact same bonds held by citizens of the ,united ,kingdom while rejecting the claims of citizens of the ,united ,states2 ,whereas1 since the normalization of bilateral relations between the ,united ,states and the ,people's ,republic of ,china in the #aigjs1 the ,united ,states has shown good will to the ,people's ,republic of ,china by focusing on an expansion of bilateral trade while deferring discussion of repayment of the ,people's ,republic of ,china's defaulted national debt2 ,whereas1 under standard legal principles1 the ,people's ,republic of ,china's defaulted sovereign gold debt has been accumulating compound interest for more #hb years and is estimated to exceed the total amount of the ,united ,states national debt to the ,people's ,republic of ,china2 ,whereas1 as representative of ,united ,states bondholders who own the ,people's ,republic of ,china's defaulted sovereign gold bonds1 ,american ,bondholders ,foundation1 ,,llc1 has proposed using the ,people's ,republic of ,china's obligations as payment for the ,united ,states national debt to the ,people's ,republic of ,china2 ,whereas1 the ,government of the ,people's ,republic of ,china covered up the outbreak of the coronavirus disease #bjai 7commonly referred to as ,,covid-#ai7 during its early stages1 resulting in a global pandemic and more than #b1jjj1jjj1jjj1jjj in financial damage to the ,united ,states2 and ,whereas the ,united ,states ,government pays its debts1 and so should the ,government of the ,people's ,republic of ,china3 ,now1 therefore1 be it ,that it is the sense of ,congress that the ,president should do everything in his power to achieve resolution and repayment of the defaulted sovereign debt of the ,people's ,republic of ,china held by #bj1jjj families in the ,united ,states who are represented by the ,american ,bondholders ,foundation1 ,,llc1 for the benefit of the bondholders and the people of the ,united ,states4