China's Stealth Investments: A Global Threat

Jeff Steins Newsweek article exposed a Chinese-owned insurance company, Wright USA, specializing in liability insurance for FBI and CIA agents, sparking a CFIUS inquiry and leading to tighter US investment laws. AidDatas research reveals Chinas state-backed investments worldwide, totaling $2.1 trillion since 2000, prompting wealthy countries to strengthen their investment screening mechanisms. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.