China has blocked Meta’s $2 billion acquisition of Manus, according to an official statement on Monday. The National Development and Reform Commission said the move follows laws restricting foreign investment and instructed both sides to halt the deal.
China has decided to block Meta’s $2 billion acquisition of agentic AI startup Manus, making a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to the US https://t.co/Ka9eQeAGXf
— Bloomberg (@business) April 27, 2026
The report said the proposal had drawn scrutiny in both Beijing and Washington, amid tighter controls on AI investments and growing efforts to keep Chinese tech firms from relocating abroad.
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