Belt and Road Oversight Act

This bill requires U.S. embassies to designate a "Country China Officer" to monitor China's activities, particularly Belt and Road Initiative projects, in their host countries. It mandates detailed annual reports on Chinese-controlled infrastructure, debt obligations, and financial investments (including from Chinese banks and state entities), assessing economic risks to host nations' sovereignty. These reports would be submitted to Congress and relevant agencies, with a 10-year sunset provision. The bill also directs embassies to develop annual strategies to counter Chinese influence and prioritizes U.S. development financing as an alternative to Belt and Road projects.