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Stock impact report

German Police Launch Espionage Probe Against Chinese Suspect By AFP - Agence France Presse December 19, 2024 Order Reprints Print Article [Barron's]

RHEINMETALL AG UNSP/ADR (RNMBY) 
Company Research Source: Barrons
The northern port of Kiel is home to German naval installations and shipyards of the defence giant ThyssenKrupp, which builds submarines there. A Chinese man was detained by security guards before he was arrested by police after taking photographs at the Kiel-Wik naval base on December 9, according to local media. "I can confirm that the State Criminal Police Office of Schleswig-Holstein state is conducting an investigation against a Chinese citizen on suspicion of espionage," a police spokeswoman told AFP, declining to provide further details. Police were evaluating images on his phone and the Federal Office for Military Counterintelligence was also involved in the case, said public broadcaster WDR. The Flensburg public prosecutor's office, which police said was in charge of the case, did not immediately respond to an AFP request for comment. Tensions have been building in the Baltic Sea since the start of the war in Ukraine, with European countries denouncing "hybrid atta Show less Read more
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