NewsBite

China bars top US banker from leaving the country

Beijing | 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 weeks, according to a person with knowledge of the situation. That led the San Francisco-based bank to restrict its other employees from visiting China, said the person, who asked not to be identified in order to discuss information that isn’t public.

Loading...

Bloomberg

Read More

Latest In Asia

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/world/asia/china-bars-top-us-banker-from-leaving-the-country-20250718-p5mg2w