A Chinese firm bought an insurer for CIA agents - part of Beijing's trillion dollar spending spree

In a recent development, a Chinese firm purchased an insurer that catered to FBI and CIA agents, sparking security concerns in the US. This incident sheds light on China's extensive overseas investments exceeding $2.1 trillion, aimed at acquiring assets globally. With Beijing's strategic objectives in mind, Chinese state money is strategically channeled into various sectors, including cutting-edge technologies, raising alarm among Western countries and prompting tighter investment regulations.