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Beijing’s National Development and Reform Commission released a statement [File]
| Photo Credit: REUTERS
China has blocked Meta’s acquisition of AI startup Manus, the country’s top economic planning body said Monday, following media reports last month that Beijing had restricted two co-founders from leaving the country.
Beijing’s National Development and Reform Commission said in a statement that it will “prohibit the foreign investment in the acquisition of the Manus project” and “requires the parties involved to withdraw the acquisition transaction”.
Published – April 27, 2026 02:37 pm IST
