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‘Spy’ founded Prince Andrew’s Chinese money-making scheme

An alleged Chinese spy was unmasked on Monday as the founder of the Duke of York’s money-making venture in China.

Yang Tengbo was named as the suspected foreign agent at the heart of the spy scandal after a court order giving him anonymity was lifted.

The Chinese businessman, who has mixed with figures from across the British establishment, was a founding member of Prince Andrew’s venture Pitch@Palace China.

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