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China's communist regime has banned a Wells Fargo banker from leaving China.

Ms. Chenyue Mao, a U.S.-based executive who leads Wells Fargo’s international factoring business, has been prohibited from departing China after recently entering the country.

China’s Foreign Ministry spokesperson Guo Jiakun said during a routine <a href="https://www.fmprc.gov.cn/eng/xw/fyrbt/lxjzh/202507/t20250721_11674380.html">press briefing</a> on July 21 that Chinese law enforcement has restricted Mao’s exit, because she “is involved in a criminal case.”

The matter is currently under investigation, he said, and Mao is required to assist with the probe. Guo did not provide further details about the case or Mao’s alleged involvement.

According to Mao’s LinkedIn profile, she has been employed at Wells Fargo for 12 years and was elected chair of FCI two weeks ago—a global organization focused on factoring and financing for domestic and international trade.

On Friday, Wells Fargo said that it is actively pursuing appropriate channels to facilitate Mao’s return to the United States.

The tensions over exit bans come amid an intensifying trade war and growing competition between the two countries across multiple domains, including economic, technological, military, and geopolitical spheres.

Mao is among a growing number of international business executives who have faced detention while traveling to China. The situation has raised concerns about the risks of visiting the country—particularly for individuals with government ties or of Chinese origin.

On Monday, a U.S. State Department spokesperson confirmed to NTD that a U.S. Patent and Trademark Office employee was also subjected to an exit ban in China. The employee was traveling in a personal capacity.

"We are tracking this case very closely and are engaged with Chinese officials to resolve the situation as quickly as possible," a State Department spokesperson told NTD.

<a href="https://www.washingtonpost.com/national-security/2025/07/20/china-exit-ban-commerce-department-trump-xi/">The Washington Post</a>, which initially broke the story, reported that the individual had traveled to China to visit family and is now under scrutiny for allegedly failing to disclose their U.S. government employment on a visa application.

When asked about the case on Monday, Guo <a href="https://www.fmprc.gov.cn/eng/xw/fyrbt/lxjzh/202507/t20250721_11674380.html">said</a> he had “no details to share.”

Last week, China convicted a Japanese pharmaceutical executive in his 60s, who had worked in the country for 20 years and held a senior position in the Japanese Chamber of Commerce and Industry. He was sentenced to three years and six months in prison for espionage.

The trial, held behind closed doors in November 2024, lacked transparency. No public details were released about the charges or evidence, and Japanese reporters were barred from attending—drawing criticism.

Japan’s Foreign Ministry strongly urged his release, calling such detentions a major obstacle to Japan-China relations and to the safety of travel between the two countries.

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Chinese Regime Bans Wells Fargo Banker From Leaving China