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China blocks $2bn Meta takeover of AI agent developer Manus

Beijing says domestic tech companies must seek explicit government approval for accepting US investment

Business live – latest updates

China has blocked Meta’s $2bn (£1.5bn) acquisition of an AI startup as it cracks down on US investments in domestic tech companies.

Mark Zuckerberg’s Meta, the owner of Facebook, Instagram and WhatsApp, announced the acquisition of Manus, a developer of autonomous AI agents, in December.

Apr 27, 2026 China Chinese economy Technology sector

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China Apr 27, 2026 China blocks $2bn Meta takeover of AI agent developer Manus Beijing says domestic tech companies must seek explicit government approval for accepting US investmentBusiness live – latest updatesChina has blocked Meta’s $2bn (£1.5bn) acquisition of an AI startup as it cracks dow...

China blocks $2bn Meta takeover of AI agent developer Manus

Beijing says domestic tech companies must seek explicit government approval for accepting US investmentBusiness live – latest updatesChina has blocked Meta’s $2bn (£1.5bn) acquisition of an AI startup as it cracks dow...

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China blocks $2bn Meta takeover of AI agent developer Manus

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