Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Understand the story, not the spin.

Markets

Chinese Official With Intelligence Ties Buys Building Near White House

Published 14 August 2026

A senior Chinese Communist Party official with documented ties to intelligence and state security organizations has purchased a historic commercial building located approximately 650 feet northeast of the White House grounds in Washington, D.C. The transaction, which closed on July 21, 2026, has prompted urgent calls from national security experts for a federal investigation into the potential threat.

The property, known as the Securities Building, is a century-old structure at 729 15th Street NW. District of Columbia Recorder of Deeds filings confirm it was bought for $8.4 million by the Philip Qiu and Family Foundation. The new owner is identified as Philip Qiu, also known by his Chinese name Qiu Feili, a Shanghai native currently based in Hong Kong.

Public records and translations of Chinese government announcements indicate Qiu has held multiple positions connected to Chinese intelligence and state security entities. His career began as a detective in the Criminal Investigation Team of the Shanghai Public Security Bureau, a local unit under the Ministry of Public Security. By 2011, while enrolled in a master's program at Shanghai Jiaotong University, he had completed special...

Now playing
0:00 / 0:00