China Blocks Meta's Acquisition of AI Firm Manus
China's top economic planner formally prohibited the deal, ordering both parties to withdraw. The ruling follows reports that authorities had already restricted Manus co-founders from leaving the country amid broader efforts to protect sensitive AI technology from foreign access.
Apr 27th 2026 · China
China's top economic planning body has officially blocked Meta Platforms' proposed acquisition of the domestic artificial intelligence firm Manus. The National Development and Reform Commission announced the ruling in a statement on Monday, declaring it will "prohibit the foreign investment in the acquisition of the Manus project" and "requires the parties involved to withdraw the acquisition transaction." The blocking comes amid heightened scrutiny of AI sector transactions amid ongoing geopolitical tensions. Last month, media reports indicated that Beijing had restricted two Manus co-founders from leaving the country, suggesting authorities were already examining the deal with concern. The decision reflects China's broader efforts to maintain strict control over sensitive technology sectors and prevent foreign entities from gaining access to strategically important domestic AI capabilities.