China Exchange Rate Transparency Act of 2025

This bill requires the U.S. Treasury Secretary to advocate at the International Monetary Fund (IMF) for China to increase transparency about its exchange rate policies, including offshore renminbi market activities and how its policies align with other major currencies used in Special Drawing Rights calculations. It directs the U.S. to push for stronger IMF monitoring of China’s compliance with international exchange rate standards and to consider China’s adherence to these standards during IMF governance reviews. The requirement would expire after 7 years or upon the U.S. reporting that China is substantially compliant with its transparency obligations under IMF agreements. The bill directly affects U.S. diplomatic engagement with the IMF and China’s reporting practices, without imposing new sanctions or altering U.S. trade policy.