Reps. Castro, Kim Advance Bill Out of Committee to Counter China’s Growing Influence
WASHINGTON, D.C. — Yesterday, Congressman Joaquin Castro (TX-20) and Congresswoman Young Kim’s (CA-40) Securing Partner Supply Chains Act, which helps U.S. allies and partners build the tools to protect their economies from hostile foreign investment, passed out of the House Foreign Affairs Committee (HFAC) with bipartisan support.
“The United States has spent decades building robust tools to screen foreign investment for national security risks — but many of our partner countries have not, and that gap is being exploited by countries like China,” said Congressman Castro. “The bipartisan Securing Partner Supply Chains Act directs the State Department to give our partners the technical assistance and training they need to build their own investment screening tools and protect their sovereignty.”
“The Chinese Communist Party is using investment as a weapon to infiltrate and control America’s most critical supply chains,” said East Asia and Pacific Chairwoman Young Kim. “This bill gives our allies the tools they need to block malign foreign investment, protect their economic sovereignty, and reduce dependence on Beijing. If we want secure and resilient supply chains, we must stand shoulder to shoulder with our partners to push back on the CCP’s coercion.”
The bill directs the State Department to establish a three-year initiative on Foreign Investment Screening to protect partners and allies from China’s growing interest in strategic sectors like critical minerals, energy, and telecommunications.
View the full text of the Securing Partner Supply Chains Act here.