Chinese intelligence official buys historic building near White House: report

A senior intelligence official in the Chinese Communist Party purchased a historic building overlooking the White House Complex. 

Philip Qiu and Family Foundation purchased the 100-year-old Securities Building on 15th Street in July for $8.4 million, the Daily Caller reported. 

Qiu has held numerous positions within Chinese intelligence and state security entities, according to university records and government announcements the Daily Caller translated from Chinese. 

In a 2021 announcement from a Chinese intelligence entity, Qui described the Chinese Communist Party as a "kind but firm parent" that guides "people out of hardship, led China's sons and daughters to build a new country," and steers Chinese citizens "toward great national rejuvenation." 

Bryan Dean Wright, former CIA operations officer, told the Daily Caller that Qui's ownership of the building poses a national security risk.