China imposes exit bans on U.S. Department of Commerce employee and a Wells Fargo banker

China imposes exit bans on U.S. Department of Commerce employee and a Wells Fargo banker

A U.S. Department of Commerce employee has been restricted from leaving China by authorities in Beijing, a State Department spokesperson told CBS News on Monday. The unidentified government employee’s restricted travel was confirmed as Beijing revealed new information about a U.S.-based Wells Fargo banker who has also been subjected to an exit ban. “We can…

Read More
Wells Fargo suspends China travel

Wells Fargo suspends China travel

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…

Read More