US House Passes Legislation to Expel China From Global Financial Institutions Over Taiwan Threats

H.R. 1531 passed the House 395–2 on February 9, 2026, targeting China's membership in 6 international financial bodies if the President determines Beijing is threatening Taiwan

China's economy totaled $18.74 trillion in 2024 — roughly 17.65% of global GDP — making it the world's second-largest economy and a central participant in every institution the bill targets

The U.S. ran a $262.2 billion trade deficit with China in 2024 — the largest bilateral goods deficit the U.S. holds with any single country

PLA military incursions into Taiwan's air defense zone rose 33% in 2025 vs. 2024, with 3,056 recorded incursions through November 10, 2025

The CBO estimates H.R. 1531 would cost less than $500,000 to implement — but the bill requires lobbying other nations for China's removal, not unilateral action; China holds 6.09% of IMF votes and 5.71% of World Bank votes that member nations would also need to revoke