Strengthening Exports Against China Act

This bill changes the rules for the Export-Import Bank, which is a government agency that helps U.S. companies sell their products and services overseas by providing financing. Right now, if too many of the bank's loans go unpaid and its failure rate hits 2%, the bank has to stop making new loans. This bill says that certain loans don't have to count toward that 2% limit — specifically, loans made through a program designed to help U.S. companies compete with China in areas like artificial intelligence and biotechnology, as well as loans to U.S. companies that are competing against foreign businesses that have been flagged as national security or foreign policy concerns. By not counting these loans toward the limit, the bank can provide more financing to these U.S. exporters without the risk of hitting the cap that would freeze its lending.

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