Preventing China from Exploiting COVID-19 Act This bill directs the Office of the Director of National Intelligence to report to Congress on efforts by China's government to exploit the COVID-19 (i.e., coronavirus disease 2019) pandemic to advance its national security and foreign policy interests. The report shall contain elements including (1) an assessment of Chinese government efforts to retaliate against countries seeking an inquiry into China's role in the spread of COVID-19, (2) a description of Chinese economic aid or medical assistance to countries affected by COVID-19 and how such activities may affect Chinese and U.S. foreign policy interests, and (3) an identification of different ways the Chinese government may be using the global disruption caused by COVID-19 to more aggressively pursue long-standing domestic and foreign policy objectives.