China has released Chenyue Mao, a Wells Fargo banker who had earlier been barred from leaving the country for several months, allowing her to return to the United States ahead of a potential in-person meeting between US President Donald Trump and Chinese President Xi Jinping, according to a Bloomberg report. Mao was barred from exiting…
China has confirmed that it barred a senior Wells Fargo executive from leaving the country, saying it banned her exit because of a “criminal case” investigation. Last week, reports surfaced that Chenyue Mao, an Atlanta-based managing director at the American banking giant and a United States citizen, had been stopped from leaving China. In response,…
Wells Fargo suspended travel to China after one of its top trade financing bankers was blocked from leaving the country, the latest case of authorities imposing exit bans on staff of foreign firms. Chenyue Mao, an Atlanta-based managing director who was born in Shanghai, was banned from departing China after entering the country in recent…