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Russia-Ukraine warin World Affairs
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Zelenskyy offers peace talks with Putin amid escalating Russian drone attacks, while Ukraine faces internal challenges with anticorruption reforms. The conflicting actions highlight tensions between diplomacy and ongoing aggression.

China Confirms Exit Ban on Wells Fargo Banker

The Wall Street JournalMonday, July 21, 2025 at 11:53:00 AM
NegativeWorld Affairslegal & regulatory
China Confirms Exit Ban on Wells Fargo Banker
China has officially barred a Wells Fargo banker, Chenyue Mao, from leaving the country, citing her involvement in an unspecified criminal case. The Foreign Ministry confirmed the exit ban but offered no further details about the nature of the allegations.
Editor’s Note: This isn’t just about one banker—it’s part of a broader pattern of China using exit bans, often with little transparency, against foreign and domestic professionals. For businesses operating in China, it’s a reminder of the legal risks and unpredictability that can come with working there. It also raises questions about whether this case is tied to broader tensions between China and Western financial institutions.
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