Ending Lending to China Act of 2025

Directs the Secretary of the Treasury to instruct U.S. Executive Directors at multilateral development banks (MDBs) to use the United States’ voice, vote, and influence to oppose further loans or assistance to the People’s Republic of China because China has exceeded income thresholds for MDB assistance. It also orders U.S. efforts to oppose MDB lending to any country that has exceeded or should be graduated from the banks’ concessional or ordinary-lending eligibility, and requires the Secretary to provide an initial report to specified congressional committees within one year of enactment and annual updates thereafter describing China’s borrowing, MDB voting power, graduated countries, and U.S. actions to press graduation.

The law would change U.S. voting and engagement strategy at MDBs, compel annual transparency to Congress about MDB lending and votes related to China and graduated borrowers, and direct a hardline policy of opposing new MDB assistance to countries that exceed the banks’ income thresholds for assistance.