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PANews
PANews|Apr 29, 2026 14:24
[Manus Acquisition Blocked; Experts: This Move Reflects China's Openness to Foreign Investment but Caution Toward Critical and Sensitive Investments] The Foreign Investment Security Review Office of the National Development and Reform Commission has prohibited the acquisition of the Manus project by foreign investors and ordered the transaction to be canceled. Earlier this year, Manus, the world's first general-purpose artificial intelligence entity, announced plans to be acquired by U.S. tech giant Meta. This acquisition was blocked due to concerns over international dynamics, critical technologies, and data security, serving as a significant precedent. Experts noted that Manus initially developed in China with the support of Chinese engineers and infrastructure, later shifted to Singapore through capital operations, and then sought to sell to Meta, which drew regulatory scrutiny. This move underscores China's openness to foreign investment while maintaining caution toward critical and sensitive investments, emphasizing compliance and regulation.
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