Bill > S4142

This bill aims to counter the military-civil fusion strategy of the Chinese Communist Party and prevent U.S. contributions to the development of dual-use technology in China. It prohibits U.S. federal agencies, institutions of higher education, and private companies that receive federal funding from engaging with Chinese entities of concern, which include certain Chinese universities, state-owned enterprises, and privately-owned companies, in research or technical exchange related to priority areas of China's national strategy. The bill requires covered entities to report on their research relationships with Chinese entities of concern and allows for audits to ensure compliance. Violations of the prohibitions can result in the covered entity being precluded from receiving future federal financial assistance.