China's Exit Bans on U.S. Citizens Spark Fears for Foreign Businesses

China has imposed exit bans on at least two U.S. citizens—a Department of Commerce employee and a Wells Fargo banker—preventing them from leaving the country. Chinese authorities claim the banker, Chenyue Mao, is involved in a criminal case, while the government employee was visiting in a personal capacity. These actions have heightened concerns among Western businesses about the risks of operating in China, as exit bans are seen as tools for diplomatic leverage or legal pressure. In response, Wells Fargo has suspended all business travel to China, and U.S. officials have warned that such measures could further strain U.S.-China relations. The incidents come amid ongoing trade tensions and have revived fears that foreign executives could be targeted by Chinese authorities.