China, Wells Fargo and Exit
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A United States government employee is currently unable to leave China. This follows reports that the individual did not disclose their government affiliation on their visa. The US State Department is engaging with Chinese officials.
A Wells Fargo banker and a U.S. government employee were blocked from leaving, and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
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.
BlackRock bans employee devices in China, citing data security risks amid rising US-China tech and trade tensions.