Countering China Economic Coercion Act This bill establishes an interagency task force to respond to the Chinese government's acts of economic coercion. The task force must oversee the development and implementation of an integrated U.S. government strategy to respond to such acts of economic coercion. The strategy must include an evaluation of the costs such acts have on U.S. businesses and economic performance. The task force must also report to Congress on the strategy as well as a comprehensive review on the economic tools that the Chinese government uses (or can use) to coerce other governments, non-Chinese companies, and multilateral institutions and organizations.
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Timeline
Introduced in House
Referred to the House Committee on Foreign Affairs.
Introduced in House
Referred to the House Committee on Foreign Affairs.
International Affairs
AlliancesAsiaChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightDiplomacy, foreign officials, Americans abroadExecutive agency funding and structureExecutive Office of the PresidentForeign aid and international reliefGovernment information and archivesInternational monetary system and foreign exchangeTrade restrictionsU.S. and foreign investments
Countering China Economic Coercion Act
USA117th CongressHR-5580| House
| Updated: 10/15/2021
Countering China Economic Coercion Act This bill establishes an interagency task force to respond to the Chinese government's acts of economic coercion. The task force must oversee the development and implementation of an integrated U.S. government strategy to respond to such acts of economic coercion. The strategy must include an evaluation of the costs such acts have on U.S. businesses and economic performance. The task force must also report to Congress on the strategy as well as a comprehensive review on the economic tools that the Chinese government uses (or can use) to coerce other governments, non-Chinese companies, and multilateral institutions and organizations.
AlliancesAsiaChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightDiplomacy, foreign officials, Americans abroadExecutive agency funding and structureExecutive Office of the PresidentForeign aid and international reliefGovernment information and archivesInternational monetary system and foreign exchangeTrade restrictionsU.S. and foreign investments