,,ii #aaith ,,congress #ast ,session ,s4 #ajaa ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ab1 #bjbe,mr4 ,lankford introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to establish the position of ,country ,china ,officer in the ,department of ,state to monitor and counter financing projects around the world that are backed by the ,people's ,republic of ,china4 #a4 ,short title ,this ,act may be cited as the ,belt and ,road ,oversight ,act4 #b4 ,country ,china ,officer 7a7 ,designation ,not later than #fj days after the date of the enactment of this ,act1 the ,secretary of ,state shall direct all ,chiefs of ,mission to designate #a ,foreign ,service ,officer in a ,united ,states embassy or other diplomatic post in each country with whom the ,united ,states has diplomatic relations as ,country ,china ,officer4 7b7 ,duties ,each ,country ,china ,officer shall monitor and report on the activity of the ,people's ,republic of ,china in his or her country of responsibility1 including capital investment in critical infrastructure and other projects associated with the ,people's ,republic of ,china1 including the ,belt and ,road ,initiative4 7c7 ,sunset ,the requirement to designate ,country ,china ,officers under subsection 7a7 shall expire on the date that is #aj years after the date of the enactment of this ,act4 #c4 ,comprehensive review of ,belt and ,road ,initiative projects 7a7 ,report ,not later than #fj days after the date of the enactment of this ,act1 the ,secretary of ,state shall direct all ,united ,states embassies1 working through the designated ,country ,china ,officer1 to prepare a report that details assets within their respective country of operation that are controlled or financed by the ,government of the ,people's ,republic of ,china or a state-owned enterprise in the ,people's ,republic of ,china4 7b7 ,contents ,each report required under subsection 7a7 shall include-- 7#a7 an assessment of the respective country's debt obligations to the ,people's ,republic of ,china2 7#b7 a list of known infrastructure projects in the respective country that are financed from capital provided by-- 7,a7 the banking system of the ,people's ,republic of ,china1 including-- 7i7 policy banks1 including-- 7,i7 the ,china ,development ,bank2 7,,ii7 the ,export-,import ,bank of ,china2 and 7,,iii7 the ,agricultural ,development ,bank of ,china2 7ii7 state-owned commercial banks1 including-- 7,i7 the ,industrial and ,commercial ,bank of ,china2 7,,ii7 the ,agricultural ,bank of ,china2 7,,iii7 the ,china ,construction ,bank2 7,,iv7 the ,bank of ,communications ,limited2 and 7,v7 the ,bank of ,china2 7iii7 sovereign wealth funds1 including-- 7,i7 the ,china ,investment ,corporation2 7,,ii7 ,china ,life ,insurance ,company2 7,,iii7 the ,china ,national ,social ,security ,fund2 and 7,,iv7 the ,silk ,road ,fund2 7iv7 urban commercial banks2 and 7v7 rural financial institutions2 7,b7 international financing institutions1 including-- 7i7 the ,asian ,infrastructure ,investment ,bank2 and 7ii7 the ,new ,development ,bank2 and 7,c7 any other financial institution or entity otherwise controlled1 overseen1 or managed by the ,government of the ,people's ,republic of ,china2 7#c7 the identification of the infrastructure projects referred to in paragraph 7#b7 that are projects under the ,belt and ,road ,initiative2 7#d7 an assessment of projects that have caused the country to incur significant debt that has the potential to harm its economic prosperity and national sovereignty2 7#e7 a list of the known or speculated collateral listed by the respective country for the debts incurred by ,belt and ,road ,initiative projects referred to in paragraph 7#a72 7#f7 a list of the known assets owned by the ,government of the ,people's ,republic of ,china or state-owned enterprises in the ,people's ,republic of ,china1 including telecommunications and critical infrastructure2 and 7#g7 a list of known activities at research institutions or institutions of higher education controlled or financed by the ,government of the ,people's ,republic of ,china or state-owned enterprises in the ,people's ,republic of ,china4 7c7 ,submission and distribution of report 7#a7 ,initial submission ,not later than #a year after the date on which the ,secretary of ,state issues the directive described in subsection 7a71 the ,chief of ,mission in each country shall submit the report required under subsection 7a7 to the ,under ,secretary of ,state for ,political ,affairs4 7#b7 ,distribution ,the ,under ,secretary of ,state for ,political ,affairs shall prepare and distribute a report that includes all of the information from the individual country reports received pursuant to paragraph 7#a7 to-- 7,a7 the heads of other bureaus and agencies of the ,department of ,state1 as appropriate2 7,b7 the ,united ,states ,international ,development ,finance ,corporation2 7,c7 the ,committee on ,foreign ,relations of the ,senate2 7,d7 the ,committee on ,armed ,services of the ,senate2 7,e7 the ,select ,committee on ,intelligence of the ,senate2 7,f7 the ,committee on ,finance of the ,senate2 7,g7 the ,committee on ,foreign ,affairs of the ,house of ,representatives2 7,h7 the ,committee on ,armed ,services of the ,house of ,representatives2 7,i7 the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7,j7 the ,committee on ,ways and ,means of the ,house of ,representatives4 #d4 ,notification of future ,belt and ,road ,initiative projects ,after the preparation and submission of the reports required under section #c7;a71 the ,secretary of ,state shall require the respective embassy and the ,china ,desk at the ,department of ,state to inform the ,under ,secretary of ,state for ,political ,affairs of any project described in section #c7;b77#b7 not later than #cj days after the date on which the ,country ,china ,officer is informed of such project4 #e4 ,annual comprehensive report of ,belt and ,road ,initiative projects ,during the #aj-year period beginning on the date of the enactment of this ,act1 the ,under ,secretary of ,state for ,political ,affairs shall submit an annual report to ,congress that-- 7#a7 contains all findings relating to projects controlled or financed by the ,government of the ,people's ,republic of ,china or state-owned enterprises in the ,people's ,republic of ,china submitted by ,country ,china ,officers through the process described in sections #c and #d during the #ab-month reporting period2 and 7#b7 includes updated findings and analyses related to paragraphs 7#c71 7#d71 and 7#e7 of section #c7;b74 #f4 ,annual ,strategy to ,counter ,,prc ,influence 7a7 ,in general ,the ,country ,china ,officer at each respective embassy1 in consultation with the ,chief of ,mission for the respective country1 shall develop a comprehensive1 country-specific strategy to counter the influence of the ,people's ,republic of ,china1 including a plan to counter anti-,american messaging by the ,people's ,republic of ,china1 within their country of responsibility4 7b7 ,use of strategy ,the strategy developed pursuant to subsection 7a7 shall be used to equip all personnel across all embassies1 consulates1 and other diplomatic posts in the respective country of responsibility with the tools needed to effectively counter the influence of the ,people's ,republic of ,china in their respective context and country of responsibility4 7c7 ,submission ,during the #aj-year period beginning on the date of the enactment of this ,act1 each ,chief of ,mission shall submit an annual report to the ,under ,secretary of ,state for ,political ,affairs that-- 7#a7 describes the implementation of the strategy developed pursuant to subsection 7a7 during the reporting period2 and 7#b7 assesses specific challenges and opportunities relating to the ,people's ,republic of ,china in the respective country of responsibility4 7d7 ,distribution ,the ,under ,secretary of ,state for ,political ,affairs shall submit an annual report that summarizes the information contained in the reports received pursuant to subsection 7c7 to the heads of the bureaus of the ,department of ,state1 as appropriate4 7e7 ,exclusions ,countries with limited or no investments by the ,government of the ,people's ,republic of ,china shall be excluded from the strategy developed pursuant to subsection 7a74 #g4 ,procurement projections 7a7 ,annual report ,during the #aj-year period beginning on the date of the enactment of this ,act1 the ,country ,china ,officer at each respective embassy1 in consultation with other embassy personnel1 shall submit an annual report to the ,under ,secretary of ,state for ,political ,affairs that-- 7#a7 describes the procurement and infrastructure needs of their respective country of responsibility2 and 7#b7 assesses specific challenges and opportunities relating to potential financing by the ,people's ,republic of ,china for procurement and infrastructure projects to meet such needs4 7b7 ,distribution ,the ,under ,secretary of ,state for ,political ,affairs shall submit an annual report summarizing the information contained in the reports received pursuant to subsection 7a7 to-- 7#a7 the heads of the bureaus of the ,department of ,state1 as appropriate2 and 7#b7 other instrumentalities of the ,federal ,government1 including the ,united ,states ,international ,development ,finance ,corporation4 #h4 ,sense of ,congress regarding development finance ,it is the sense of ,congress that1 as the ,people's ,republic of ,china's influence grows through infrastructure 7particularly infrastructure that can easily be shifted from economic to military uses71 the ,united ,states ,international ,development ,finance ,corporation should prioritize providing alternative financing opportunities that increase port and air field capacity of countries that-- 7#a7 meet the investment criteria set forth in title ,,ii of the ,,build ,act of #bjah 7division ,f of ,public ,law #aae-bed2 #bb ,u4,s4,c4 #ifba et seq472 and 7#b7 are targets of the predatory infrastructure development scheme of the ,people's ,republic of ,china commonly known as the ,belt and ,road ,initiative4