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Will UK change policy on Chinese business investments by end of 2025?
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Resolution / Starting Odds
Tighter restrictions • 25%
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UK government policy announcements or legislative changes
Story
Alleged Chinese Spy Linked to Prince Andrew, Banned Businessman Yang Tengbo, Named by High Court
Dec 16, 2024, 02:36 PM
A High Court judge has lifted the anonymity order protecting the identity of an alleged Chinese spy linked to Prince Andrew, naming him as 50-year-old businessman Yang Tengbo, also known as Chris Yang. Previously referred to as 'H6', Yang was banned from entering the UK in 2023 over national security concerns amid allegations he was targeting Prince Andrew and had formed an 'unusual degree of trust' with the Duke of York, even attending his birthday party in 2020. Yang is alleged to have used his business and personal connections to insert himself into high-profile dealings within the British establishment, including assisting in expanding Prince Andrew's former school, Gordonstoun, into China. Former security officials and MPs have described the case as the 'tip of the iceberg' regarding Chinese espionage in the UK, urging caution in re-establishing links with China. Yang has denied the allegations, stating he did nothing wrong.
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No significant action taken • 25%
Increased monitoring and surveillance • 25%
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Diplomatic actions against China • 25%
Strengthen ties with China • 25%
Designate China as a threat • 25%
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