this post was submitted on 21 Jul 2025
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25
China says Wells Fargo banker under exit ban is involved in a criminal case (www.reuters.com)
submitted 6 days ago* (last edited 6 days ago) by AcidiclyBasicGlitch@sh.itjust.works to c/news@lemmy.world
5 comments fedilink hide all child comments
 

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.

Chinese law enforcement authorities have restricted Mao's exit in accordance with the law, Guo Jiakun, a spokesperson for the ministry, told a regular press briefing.

The U.S. bank had suspended all travel to China after Mao's exit ban, a person familiar with the matter told Reuters last week.

The case was being investigated and Mao was obliged to cooperate with the investigation, Guo said, without elaborating on the case or how the banker was involved.

"Everyone in China, whether they are Chinese or foreigners, must abide by Chinese laws," Guo said, adding that China will protect their legitimate rights and interests in investigations.

Mao, who was born in Shanghai and based in Atlanta, currently serves as a managing director at Wells Fargo, specialising in the international factoring business.

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[–] kebab@endlesstalk.org 7 points 6 days ago (1 children)

… offering no further details about the charges she faces or the expected duration of her exit ban.

[–] AcidiclyBasicGlitch@sh.itjust.works 4 points 6 days ago* (last edited 6 days ago) (1 children)

Yeah this is really weird.

This story refers to her as just a banker, but she's also works for the department of commerce

Or is that a different person under an exit ban?

Yep, nvm separate person

[–] mitram@sopuli.xyz 1 points 4 days ago* (last edited 4 days ago)

Hey, when correcting something you've said before please strike through the incorrect information to make it clear what is being corrected.

~~Example~~

~~Example~~

Thank you

[–] cheese_greater@lemmy.world 4 points 6 days ago

Sucks that it has to get all the way to China before these fucks are made to get in line

[–] womjunru@lemmy.cafe 2 points 6 days ago

China: can’t leave. USA: can’t stay.