Scores of Chinese and foreigners have been ensnared byA Reuters analysis has found an apparent surge of court cases involving such bans in recent years, and foreign business lobbies are voicing concern about the trend.
The European Union trade chief said on Monday the bloc had no intention of cutting ties with China even as it takes steps to lower economic dependencies and "de-risk", but China "could do a lot" to help reduce theWang, who joined Nomura in 2018 after having worked at Deutsche Bank and Chinese brokerage Zhong De Securities, besides ICBC, recently attended work events on the mainland, the second source added.
In August last year, he was also appointed as chairman of Nomura Orient International Securities, the bank's majority-owned securities business headquartered in the commercial hub of Shanghai. Reporting by Selena Li and Kane Wu in Hong Kong; Additional reporting by Makiko Yamazaki in Tokyo and Liz Lee in Beijing; Editing by Sumeet Chatterjee and Clarence Fernandez
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