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China says Wells Fargo banker under exit ban is involved in a criminal case

China says Wells Fargo banker under exit ban is involved in a criminal case

Reuters21-07-2025
BEIJING, July 21 (Reuters) - China's foreign ministry said on Monday that Chenyue Mao, the Wells Fargo (WFC.N), opens new tab 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 law, and China will protect her legitimate rights and interests, Guo Jiakun, a spokesperson for the ministry, told a regular press briefing.
Guo did not elaborate on the criminal case.
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