Despite spotlight on Chenyue Mao matter, foreign ministry says it will ‘welcome people from all countries to travel and do business in China’.

An Atlanta-based managing director at Wells Fargo is facing an exit ban after entering China in recent weeks, according to a report.

An Atlanta-based banker working for Wells Fargo has been prevented from leaving China, the latest incident that threatens to amplify concerns among Western executives about the potential consequences of visiting the world’s second-biggest economy.