China, Wells Fargo
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China's Foreign Ministry said on Monday that Chenyue Mao, the Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the investigation.
Chenyue Mao has been blocked from leaving the country because she “is involved in a criminal case,” China’s Foreign Ministry said.
Beijing confirmed that China-born, Atlanta-based Mao Chenyue is banned from leaving the country. This comes during a trade war with the Trump administration.
HONG KONG (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second-largest economy into focus.