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S. 2587

BillFederalSenateIn Committee
A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.
About This Bill
Committee
Latest Action · August 3, 2021
Read twice and referred to the Committee on Foreign Relations.
Congress
117th (2021–2023)
Introduced
August 3, 2021
Cosponsors (19)
0D 19R
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Summary

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This bill requires the Department of the Treasury to instruct the U.S. executive directors at certain multilateral development banks, such as the Asian Development Bank, to oppose providing a loan, financial assistance, or technical assistance to China. The executive directors must also advocate and vote to end lending and assistance to a country that has exceeded certain income thresholds.

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