Procurement projections

(a) Annual report During the 10-year period beginning on the date of the enactment of this Act, the Country China Officer at each respective embassy, in consultation with other embassy personnel, shall submit an annual report to the Under Secretary of State for Political Affairs that— (1) describes the procurement and infrastructure needs of their respective country of responsibility; and (2) assesses specific challenges and opportunities relating to potential financing by the People's Republic of China for procurement and infrastructure projects to meet such needs. (b) Distribution The Under Secretary of State for Political Affairs shall submit an annual report summarizing the information contained in the reports received pursuant to subsection (a) to— (1) the heads of the bureaus of the Department of State, as appropriate; and (2) other instrumentalities of the Federal Government, including the United States International Development Finance Corporation.