China has made a decisive move in the emerging AI race and war with the U.S., halting the purchase of a Chinese-created AI-agent company called Manus. The purchaser was the U.S.’s Meta. China did not offer an explanation, though it reflect AI nationalization trends both in China and in general.
China blocks Meta’s $2 billion Manus AI acquisition after regulatory scrutiny – Firstpost
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China’s National Development and Reform Commission (NDRC) has blocked Meta’s $2 billion acquisition of Manus, an agentic startup founded by Chinese engineers. The move by the NDRC is one of the most significant interventions in a cross-border deal, one that extends well beyond US-China tensions and into the broader AI industry.
The commission issued no explanation and ordered both parties to unwind the deal completely. Reports suggest the decision could be a serious blow to Meta and its fast-moving AI agents strategy, since almost 100 Manus employees had already moved into Meta’s Singapore offices and taken on executive roles. The unwinding could therefore cause major disruption between the two companies.
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