Federal spending : information on U.S. funding to entities located in China : report to the ranking member subcommittee on National Security and International Trade and Finance Committee on Banking, Housing, and Urban Affairs, U.S. Senate / United States Government Accountability Office.
Publication Info.
Washington, DC : United States Government Accountability Office, 2023.
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Axe Federal Documents Online
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Description
1 online resource (iii, 43 pages) : color illustrations
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Note
"April 2023."
"GAO-23-105538."
In scope of the U.S. Government Publishing Office Cataloging and Indexing Program (C&I) and Federal Depository Library Program (FDLP).
Bibliography
Includes bibliographical references.
Contents
Background. -- U.S. agencies obligated at least $48 million to entities located in China, but the full extent is unknown because of data limitations. -- EXIM supported U.S. exports to China through loan guarantees and insurance. -- Agency comments. -- Appendices.
Summary
U.S. agencies provide funding through assistance awards and contracts to foreign recipients to support U.S. goals. Some of these foreign recipients are entities located in China--a major U.S. trading partner and strategic rival. EXIM also provides financing, such as loans, guarantees, and insurance, to Chinese or other entities, to facilitate U.S. exports to China. This report examines (1) funding obligated by U.S. agencies through assistance awards and contracts to entities located in China from fiscal years 2017 through 2021; and (2) financing provided by EXIM for U.S. exports to China, or to Chinese state-owned entities, from fiscal years 2012 through 2021.
Note
Description based on online resource, title from PDF title page (GAO, viewed Oct. 13, 2023).