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News in English (USA) / 22.07.2025 / 14:00

Rising Tensions: China Imposes Exit Bans on U.S. Officials and Wells Fargo Banker Amid Criminal Investigations

In a series of escalating tensions between China and the United States, multiple reports confirm that China has imposed exit bans on a Wells Fargo banker and a U.S. government employee. The Chinese authorities allege the Wells Fargo banker is involved in a criminal case, which has led to both the detainment of the banker and a travel freeze for the financial institution. Similarly, a U.S. Department of Commerce worker has been barred from leaving the country as part of a broader inquiry. The U.S. State Department has expressed concern over these actions, warning that such exit bans risk straining bilateral relations further. As these exit bans challenge Western firms operating in China, there is increasing anxiety regarding the geopolitical climate and its implications for international business.
CNN, The Guardian, The Wall Street Journal, The New York Times, Reuters, The Washington Post, Bloomberg.com, Al Jazeera, Financial Times, South China Morning Post