Reporting on contractor operations related to China

(a) In general The Secretary of Defense shall require any entity entering into a covered contract with the Department of Defense to submit a report on the entity's operations related to China, including— (1) sales revenue from China; (2) profit attributable to its China business; (3) assets held or located in China; (4) liabilities associated with China business; (5) investments in Chinese entities; (6) loans from Chinese entities; (7) the number of suppliers located in China down to the second tier of subcontracting; and (8) the number of Chinese citizen employees, whether located in China or elsewhere and including both regular and contract employees. (b) Reporting to Congress The Secretary of Defense shall submit to the Committee on Armed Services of the Senate and the Committee on Armed Services of the House of Representatives a report aggregating the information reported pursuant to subsection (a). (c) Covered contract defined In this section, the term covered contract means a contract for a major defense acquisition program, as that term is defined in section 4201 of title 10, United States Code.