China has confirmed that it barred a senior Wells Fargo executive from leaving the country, saying it banned her exit because of a “criminal case” investigation.
“Ms Mao Chenyue is involved in a criminal case currently being handled by Chinese law enforcement authorities and is subject to the exit restrictions in accordance with the law,” Chinese foreign ministry spokesman Guo Jiakun told a press conference on Monday.
He said the case was still under investigation and that Mao “cannot leave the country for the time being”.
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US-China trade remains ‘critical’, despite fraying relations and trade wars
US-China trade remains ‘critical’, despite fraying relations and trade wars
Mao also “has the obligation to cooperate with the investigation pursuant to Chinese laws,” Guo added, but he did not elaborate on the details of the case in which she was alleged to be involved.
