Posted on 07/18/2025 3:06:11 PM PDT by nickcarraway
A travel ban imposed on a US Wells Fargo employee has raised fresh concerns among foreign firms about the risks of doing business in China, amid growing scrutiny of international companies and renewed fears of entanglement with Chinese authorities.
The bank has suspended all staff travel to China after Shanghai-born Chenyue Mao, who leads its international factoring division, was blocked from leaving the country in recent weeks, according to the Wall Street Journal. Mao is a US citizen, a source told Reuters. Business groups, diplomats and foreign executives said the incident adds to a longstanding worry about China's use of so-called exit bans, especially troubling as Beijing attempts to attract foreign investment to support its slowing economy.
“Such stories can raise concerns of foreign businesses regarding travel to China,” said Jens Eskelund, president of the European Union Chamber of Commerce in China. “At a time when China is proactively trying to attract foreign investment it sends something of a mixed signal.”
(Excerpt) Read more at channelnewsasia.com ...
Just start deporting as many Chicoms as you can find, starting with top executives and students and working down, except for the ones who crossed the border illegally. Round them up and interrogate every one of those.
I can’t verify this. But a former colleague who knew their business vouched for its accuracy.
They said select Americans coming to China on business would be set up for blackmail. Basically, the American would be tailed. When he went to a bar (sorry…my contact said nothing about the PRC targeting women) a woman would come on to him.
They’d go back to her place. One thing would lead to another.
After The Act (all filmed) a rep from the PRC would enter the room. The bamboozled American would then become blackmailed into becoming a de facto spy once he returned to America.
Again, your mileage may vary.
Truthful? I dunno….
Plausible? You betcha.
Back about 15 years ago, almost any Western man traveling in China would have his phone ring about 15 minutes after he checked in. A female voice would ask, “I come now?” My wife always told them no
Certainly anyone with any power or influence would be tracked. Not every one gets a honeypot scheme or is on their radar. Responsibility for reporting on low level business people, travelers and students would just be handed over to the local street committees, hotels, or schools for random monitoring.
I knew a young American guy who was living in Shanghai for 6 months on a business assignment. He supervised loading of air cargo for an American freight airline. Not a high value target. He was a good looking guy, and a player, and picked up a lot of local young women and brought them to his apartment. Eventually, the local public security came to his place. Said they were getting too many complaints from women he had jilted and didn't want it to turn into a problem for their local office, so asked if he could cool his libido a bit.
Sort of a reverse honey-pot?
No reasonable person believed it was viable to do business in Red China. All others, whether they go there or just enter into contracts deserve everything they receive on either side of the ledger.
ME RUV YU LONG TIME JOE .........
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