1. Short title This Act may be cited as the Accountability for World Bank Loans to China Act of 2019 . 2. Findings The Congress finds as follows: (1) Possessing more than $3,000,000,000,000 in foreign exchange reserves, the People’s Republic of China has devoted state resources to establish the Asian Infrastructure Investment Bank, the New Development Bank, and activities under the Belt and Road Initiative, potentially creating rivals to the multilateral development banks led by the United States and its allies. (2) The International Bank for Reconstruction and Development (IBRD), the World Bank’s primary financing institution for middle-income countries, ceases to finance (“graduates”) countries that are able to sustain long-term development without recourse to Bank resources. (3) The IBRD examines a country’s potential graduation when the country reaches the Graduation Discussion Income (GDI), which amounts to a Gross National Income (GNI) per capita of $6,975. (4) The World Bank calculates China’s GNI per capita as equivalent to $9,470. (5) According to the Center for Global Development, China has received $7,800,000,000 in IBRD commitments since crossing the GDI threshold in 2016. 3. United States support for graduation of China from World Bank assistance (a) In general The United States Governor of the International Bank for Reconstruction and Development (IBRD) shall instruct the United States Executive Director at the IBRD that it is the policy of the United States to pursue the expeditious graduation of the People’s Republic of China from assistance by the IBRD, consistent with the lending eligibility criteria of the IBRD. (b) Sunset Subsection (a) shall have no force or effect on or after the earlier of— (1) the date that is 7 years after the date of the enactment of this Act