United States intelligence agencies are preparing a new report for Congress that will provide further details on the wealth, financial holdings and business interests of senior Chinese Communist Party (CCP) leaders, including General Secretary and President Xi Jinping.
According to the Office of the Director of National Intelligence (ODNI), the report is being prepared under the fiscal 2026 Intelligence Authorization Act and is expected to be released before the end of the year.
An ODNI spokeswoman confirmed that the agency is actively working on the report as required by the legislation.
Report to expand on previous findings
The upcoming report will be the second public assessment by US intelligence agencies on the wealth of China’s top leadership.
Unlike the March 2025 report, which drew criticism from members of Congress for relying heavily on public information, the new legislation requires the inclusion of non-public information where possible while protecting intelligence sources and methods.
The report is expected to identify the personal wealth, financial holdings, business interests and assets linked directly or indirectly to Xi, the six other members of the CCP Politburo Standing Committee and the wider 25-member Politburo.
It will also examine financial proxies, business associates and other entities allegedly used to conceal ownership of assets, including real estate, investments and financial accounts inside and outside mainland China.
Congress seeks greater transparency
The earlier March 2025 report stated that Xi had accumulated more than US$1 billion in assets through relatives and noted that unofficial income through bribery or graft was widespread among Chinese officials.
Critics argued that the report focused more on corruption than on hidden wealth.
China expert Paul Berkowitz said lawmakers had sought a more comprehensive assessment because they believed exposing the wealth of senior CCP leaders would reveal a key vulnerability.
A previous Congressional Research Service report estimated that Xi’s relatives controlled hundreds of millions of dollars in investments, while congressional aides believed the actual amount could be significantly higher.
The Chinese Embassy did not immediately respond to requests for comment.
Senators raise security concerns over Chinese access
Separately, senators Tom Cotton and Mike Lee urged Energy Secretary Chris Wright to tighten restrictions on Chinese nationals’ access to US national laboratories.
The senators cited Energy Department data showing that about 3,200 Chinese nationals had visited or worked at the laboratories as of September 2025, while about 2,100 were employed there.
They argued that such access could expose sensitive research and advanced technologies to foreign intelligence collection and technology transfer.
The senators also requested information on whether Chinese nationals had access to controlled technologies and how the department addresses obligations under China’s national intelligence law.
Separately, tensions continued in the South China Sea after the Philippines raised concerns over China’s temporary placement of a floating platform near the disputed Scarborough Shoal.
Philippine officials said the structure, equipped with a communications antenna, heightened concerns over China’s activities in the area before it was later removed.
China described the platform as a temporary scientific research facility for coral reef studies.
