Wells Fargo Banker Exit Ban Raises Alarms Over Doing Business in China China in Focus

Ellanjay

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Apr 11, 2020
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Wells Fargo Banker Exit Ban Raises Alarms Over Doing Business in China​

[VIDEO]

A Wells Fargo bank employee in China is now barred from leaving the country. Is doing business there becoming too risky for foreign executives? The Department of Agriculture is sacking 70 foreign contract researchers—a move aimed at protecting the U.S. food supply from threats linked to China, Russia, North Korea, and Iran. Concerns are growing over the Chinese regime's role in U.S. military computer systems, with a top U.S. lawmaker sounding the alarm about Chinese engineers working behind the scenes at Microsoft. The United States is teaming up with Panama to defend the Panama Canal as China pushes for more control. With port ownership unclear and tensions rising, Defense Secretary Pete Hegseth warns that Beijing’s influence is growing
 
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