This bill mandates the Secretary of the Treasury to submit an annual report to Congress detailing United States portfolio investments in the People's Republic of China , including those routed through other jurisdictions. The report must assess both the types of United States persons making these investments, such as state pension funds, and the Chinese entities receiving them. Key elements of the report include identifying U.S. investors contributing more than two percent of total investments and categorizing Chinese recipients by economic sector, including those subject to U.S. sanctions or receiving over $100,000,000. The initial report will cover investments from January 1, 2008, to the report date, with subsequent reports covering the preceding year.