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 and mandate disclosure for certain Chinese government-backed investments in U.S. real estate used for manufacturing facilities. It targets transactions where a Chinese entity (or acting for the Chinese government) purchases or leases land to build a factory and could result in Chinese government control through ownership, board appointments, or ties to the Chinese Communist Party. The bill amends CFIUS rules to include these as "covered transactions" and mandates a declaration for such investments. This applies to investments potentially linked to China's Belt and Road Initiative, as reflected in the bill's title.