; Whereas the Chinese Communist Party is now the largest official creditor and provider of export subsidies in the world; Whereas the Belt and Road Initiative has led to an increased reliance on capital from the People's Republic of China in developing countries; Whereas, since 2013, the Chinese Communist Party has invested more than $1,000,000,000,000 in projects under the Belt and Road Initiative around the world; Whereas the People’s Republic of China has been taking aggressive steps towards developing its central bank digital currency, the digital yuan; Whereas the People’s Republic of China has worked to expand the use cases of the digital yuan for the Belt and Road Initiative and to settle cross-border transactions; Whereas Brazil and Argentina, the two largest economies in South America, have taken steps to facilitate their trade with the People’s Republic of China using the yuan instead of the United States dollar; Whereas the People’s Republic of China has sought to influence the global economy by expanding the BRICS group, made up of Brazil, Russia, India, China, and South Africa, and in August 2023, the BRICS group announced it was inviting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to join the group, and several members of the BRICS group have supported using the group to support a competitor currency to the United States dollar; and Whereas the efforts of the Chinese Communist Party to develop a parallel financial system to rival United States-led institutions poses a threat to the economy and national security of the United States: Now, therefore, be it