Protecting American Capital Act of 2025

This bill requires the U.S. Treasury to submit annual reports to Congress on American financial investments in China, including investments routed through other countries. It specifically mandates assessments of U.S. investors (like state pension funds) and Chinese entities receiving over $100 million in such investments, particularly in sectors like housing. Reports must cover all investments since 2008 for the first report, then annually, with details on investment types, major investors, and entities subject to U.S. sanctions. The bill focuses on transparency, not new restrictions, and directly affects U.S. investment entities and Chinese businesses receiving significant foreign capital.