A 2015 deal involving the sale of insurance company Wright USA led the US government to tighten investment laws in sensitive sectors in 2018, especially after learning that the deal gave the Chinese government access to personal details of FBI and CIA agents who were insured with the company.

The insurer was bought by Fosun Group, a private company with reported close connections with China's leadership.

F our state banks of China helped fund the deal by giving loan of $1.2 billion (£912m), routed through the Cayman Islands to help make the deal happen, BBC reported citing AidData, a Virginia-based organisation that tracks China's overseas spending.

It prompted US Congress to pass the 2018 Foreign Investment Risk Review Modernization Act (FIRRMA).

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