China Confirms Exit Ban on Wells Fargo Banker
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BlackRock bans employee devices in China, citing data security risks amid rising US-China tech and trade tensions.
The exit ban on an employee of the U.S. Patent and Trademark Office comes after Beijing confirmed imposing similar restrictions on a Wells Fargo banker.
China's foreign ministry said on Monday that Chenyue Mao, the Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and was obliged to cooperate with the investigation.