EXPORT-IMPORT PROGRAMS TO THE PEOPLE’S REPUBLIC OF CHINA PROHIBITED UNLESS CERTAIN CONDITIONS ARE MET.

SEC. 103. EXPORT-IMPORT PROGRAMS TO THE PEOPLE’S REPUBLIC OF CHINA PROHIBITED UNLESS CERTAIN CONDITIONS ARE MET. (a) Notwithstanding any other provision of law and subject to the provisions of subsections (b) and (c), the Export-Import Bank of the United States shall not finance any trade with, nor extend any loan, credit, credit guarantee, insurance or reinsurance to the People’s Republic of China. (b) The prohibitions described in subsection (a) of this section shall not apply to food or agricultural commodities. (c) The President may waive the prohibitions in subsection (a) if he makes a report to Congress either— (1) that the Government of the People’s Republic of China has made progress on a program of political reform throughout the country, as well as in Tibet, which includes— (A) lifting of martial law; (B) halting of executions and other reprisals against individuals for the nonviolent expression of their political beliefs; (C) release of political prisoners; (D) increased respect for internationally recognized human rights, including freedom of expression, the press, assembly, and association; and (E) permitting a freer flow of information, including an end to the jamming of Voice of America and greater access for foreign journalists; or (2) it is in the national interest of the United States to terminate a suspension under subsection (a).