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A Chinese firm bought an insurer for CIA agents - part of Beijing's trillion dollar spending spree
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A Chinese firm bought an insurer for CIA agents - part of Beijing's trillion dollar spending spree
In an astonishing intelligence coup, the CIA was caught off-guard when Fosun Group—a Chinese firm with deep ties to Beijing—quietly bought Wright USA, the insurer providing liability coverage to its agents.
For years, a Chinese-owned company had legal access to the personal details of America’s top spies.
The 2015 deal only came to light in 2016, sparking a CFIUS inquiry and forcing a sale back to U.S. owners. It was a wake-up call: China’s $2.1 trillion global spending spree isn’t just about business—it’s about strategic leverage.
https://www.bbc.com/news/articles/c4g311jn1m9o #China #CIA #FBI #MAGA -
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