National development minister says the city-state respects the national security considerations of both Beijing and Washington
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In April, China blocked Meta’s acquisition of Singapore-based AI-agent startup Manus, ordering the parties to unwind the deal after a foreign investment review. Photo: VCG
China said Monday it has decided to block Meta's $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots.
Beijing’s scrutiny of the acquisition highlights how far Chinese founders can go in shedding their national roots to attract U.S.…
Ministry of Commerce to assess compliance with export controls and investment laws, though Manus has already moved operations…
Economic planner asks both parties to withdraw from deal for AI firm, in move with wider implications for other start-ups…
Beijing willing to wield long regulatory arm to protect technology deemed Chinese
Beijing's review has fueled concerns and confusion among Chinese tech founders and investors that had quietly embraced the…
