FT News Briefing A Chinese spy in Europe’s midst
9 snips
Dec 18, 2023 Corporate bankruptcies are on the rise, driven by high borrowing costs in advanced economies. A Belgian senator's ties to Chinese intelligence expose alarming espionage tactics aimed at destabilizing Western unity. Meanwhile, Taiwan's upcoming election is highly influenced by TSMC's economic power, with voters concerned about environmental issues and tech diversification. This complex web of geopolitics and economic challenges highlights the precarious balance faced by Europe and the U.S. in countering foreign influence.
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The Spy Within
- Frank Kraelman, a Belgian senator, was revealed to be a Chinese spy.
- He aimed to influence discussions on Hong Kong, Uyghur Muslims, and energy security, as revealed by leaked texts.
Inside Chinese Spy Operations
- Leaked messages reveal how Chinese intelligence conducts influence operations using human assets within European states.
- They discuss politically sensitive issues, payment methods, and even travel arrangements for the asset.
Europe's Balancing Act
- This case highlights rising concerns in Europe about China's intentions and the use of intelligence to exert influence.
- Europe seeks to navigate the US-China rivalry without becoming a battleground for the two superpowers.