House China hawks introduced legislation aimed at "ensuring transparency into the material and systemic risk posed by US investment in and reliance on China."
The PRC Risk Transparency Act will require public companies with "meaningful exposure' to China to disclose what percentage of their revenue, profit, capital investment and supply chain is tied to the PRC. It also will require these companies to disclose their relationships with the Chinese Communist Party and with companies identified by the US government as national security threats or human rights violators.
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