Financial Times: China Reviews Whether Meta's Acquisition of Manus Involves Export Control Issues

Odaily News According to a report by the Financial Times citing informed sources, relevant Chinese authorities are reviewing Meta's proposed $2 billion acquisition of the artificial intelligence platform Manus, assessing whether the deal involves potential violations of export control regulations.

The report states that the review focuses on whether transferring Manus's employees and related technology to Singapore requires an export license from China. The review is currently in its early stages, and it is uncertain whether it will escalate into a formal investigation. However, informed sources pointed out that if license requirements are involved, the relevant authorities may use this as a basis to exert some influence over the deal. (FT)