Particle.news

Download on the App Store

China Blocks Departure of Wells Fargo Executive and U.S. Commerce Employee

Formal U.S. protests have criticized the use of exit bans as coercive leverage by Beijing in both political and commercial disputes.

Image
Image
A Wells Fargo bank branch in New York, US, on Friday, July 11, 2025. Wells Fargo & Co. is scheduled to release earnings figures on July 15. Photographer: Gabby Jones/Bloomberg
FILE - Chinese President Xi Jinping attends an event at the Great Hall of the People in Beijing on March 28, 2025. (AP Photo/Ng Han Guan, File)

Overview

  • An unnamed U.S. Patent and Trademark Office employee has been barred from leaving China for months after authorities alleged he failed to declare his government role on a visa application.
  • China’s Foreign Ministry confirmed that Wells Fargo managing director Chenyue Mao is subject to exit restrictions as part of a criminal investigation in Beijing.
  • Washington’s State Department has lodged high‐level protests and affirmed its commitment to securing the safe return of U.S. citizens, while tracking both cases closely.
  • In reaction to Mao’s ban, Wells Fargo suspended all executive travel to China and is coordinating with Chinese authorities to resolve the impasse.
  • Experts warn that China’s opaque, low‐threshold exit‐ban framework—often imposed by local courts in civil or security cases—serves as a coercive tool affecting dozens of Americans.