; and (B) will not expand its own activities within the People’s Republic of China (including Hong Kong and Macau). (2) Ineligibility If a United States business that has received a grant or other form of assistance described in paragraph (1) engages in expanded cooperation activities with any Chinese entity, or expands its own activities within the People’s Republic of China, such business— (A) shall provide reimbursement to the Federal Government in an amount equal to the amount of the grant or other form of assistance; and (B) shall be ineligible for any other grants or other forms of assistance described in paragraph (1) from any Federal department or agency. (b) Report The Secretary of the Treasury shall submit to Congress on an annual basis a report on investments made by United States businesses that receive grants or other forms of assistance described in subsection (a) in— (1) production in the People’s Republic of China