Exposing China’s Belt and Road Investment in America Act of 2023

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review certain new investments by China in U.S. real estate intended for manufacturing facilities. It specifically targets transactions where the Chinese government or entities it controls could gain control of a U.S. business operating on that property, such as through ownership stakes, board appointments, or ties to the Chinese Communist Party. The bill mandates that these investments must be reported to CFIUS before completion, affecting Chinese investors planning to build factories or similar facilities in the U.S. with government connections.