1. Short title This Act may be cited as the Belt and Road Oversight Act . 2. Country China Officer (a) Designation Not later than 60 days after the date of the enactment of this Act, the Secretary of State shall direct all Chiefs of Mission to designate not fewer than 1 Foreign Service Officer in a United States embassy or other diplomatic post in each country with whom the United States has diplomatic relations as Country China Officer. (b) Duties Each Country China Officer shall monitor and report on the activity of the People’s Republic of China in his or her country of responsibility, including capital investment in critical infrastructure and other projects associated with the People's Republic of China, including the Belt and Road Initiative. (c) Sunset provision The requirement to designate Country China Officers under subsection (a) shall expire on the date that is 10 years after the date of the enactment of this Act. 3. Comprehensive review of Belt and Road Initiative projects (a) Report Not later than 60 days after the date of the enactment of this Act, the Secretary of State shall direct all United States embassies to prepare a report that details assets within their country of operation that are controlled or financed by the Government of the People's Republic of China or a state-owned enterprise in the People's Republic of China. Each such report shall be prepared by a Country China Officer designated pursuant to section 2(a) and shall include the information described in subsection (b). (b) Contents Each report required under subsection (a) shall include— (1) an assessment of the respective country’s debt obligations to the People’s Republic of China; (2) a list of known infrastructure projects in the respective country that are financed from capital provided by— (A) the banking system of the People’s Republic of China, including— (i) policy banks, including— (I) the China Development Bank; (II) the Export-Import Bank of China; and (III) the Agricultural Development Bank of China