1. Short title This Act may be cited as the China Risk Reporting Act . 2. Disclosure with respect to certain financial risks relating to the People’s Republic of China (a) Sense of Congress It is the sense of Congress that investing in China poses unique risks that investors should carefully consider. (b) Annual disclosures Section 13 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m ) is amended by adding at the end the following: (t) Disclosure with respect to certain financial risks relating to the People’s Republic of China (1) In general Each issuer required to file an annual report under subsection (a) shall include in such report— (A) with respect to each covered foreign market, a description (including quantification, if possible) of— (i) the degree to which each supply chain of such issuer relies upon or is exposed to the covered foreign market; and (ii) the operations of such issuer in the covered foreign market; (B) a narrative description of the issuer’s China risk; and (C) if the issuer identifies a material China risk, a narrative description with respect to each China risk identified by the issuer of— (i) the actions the issuer has taken or will take to minimize that China risk; and (ii) the additional actions the issuer may take to minimize that China risk if a covered event occurs. (2) Rule of construction Nothing in this subsection shall be construed to require an issuer to— (A) disclose the assessment of such issuer as to the likelihood that a covered event or any China risk will occur