S.1360

Protecting American Capital Act of 2025 requires annual reports on U.S. investments in China.

The Protecting American Capital Act of 2025 mandates the Secretary of the Treasury to submit annual reports to Congress on U.S. portfolio investments in China. Each report must assess U.S. persons making investments, including types and those contributing more than 2% of the total. It must also assess Chinese entities receiving investments, including those in specific sectors, under U.S. sanctions, and receiving over $100 million. The first report covers the period from January 1, 2008, to the report date, while subsequent reports cover the year before submission.