US legislators draft bill to limit Chinese influence at IDB
Proposal demands public reports of Chinese influence and contracts at the development bank
A bipartisan group of US representatives and senators has introduced legislation to reduce China’s influence in the Inter-American Development Bank.
The IDB Transparency Act would oblige US officials to monitor and report on the extent of Chinese activity at the multilateral lender. It would also require the treasury secretary to create “an action plan for the [US] executive director [at the IDB]” to reduce Chinese governmental and corporate participation at the lender.
One of the bill’s
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