China Orders Meta to Reverse Acquisition of AI Firm Manus
China’s NDRC mandates Meta to reverse its acquisition of Singapore-based AI firm Manus, citing foreign investment security review laws.
News & Insights Across Asia
China’s NDRC mandates Meta to reverse its acquisition of Singapore-based AI firm Manus, citing foreign investment security review laws.
China has ordered the cancellation of a foreign acquisition of AI platform Manus, citing compliance with laws and highlighting increased scrutiny on tech sector investments.
Chinese regulators announce measures to address overcapacity and predatory pricing in the EV sector, signaling a shift toward sustainable growth and global market stability.