China Pulls the Plug on Meta’s AI Acquisition
China has blocked Meta's $2.5 billion acquisition of Manus, a Chinese-founded AI firm based in Singapore, reversing its prior approval amid national security concerns. The decision highlights Beijing's growing scrutiny of foreign tech deals, particularly in strategic sectors like artificial intelligence. Despite Meta's efforts to maintain business ties in China, the company faces persistent distrust due to its U.S. origins and past diplomatic missteps. The move underscores the challenges Western firms face in navigating China's evolving regulatory and geopolitical landscape.
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China Brief A weekly digest of the stories you should be following in China, plus exclusive analysis. Delivered Tuesday. China Pulls the Plug on Meta’s AI Acquisition The reversal underscores Beijing’s shifting national security concerns. Palmer-James-foreign-policy-columnist20 James Palmer By James Palmer, a deputy editor at Foreign Policy. Mark Zuckerberg stands on a stage, adjusting a pair of thick-rimmed black smart glasses. He is wearing a black T-shirt and blue jeans, positioned against a background that is half white and half solid orange. Meta CEO Mark Zuckerberg shows off a prototype of computer glasses during a developer conference in Menlo Park, California, on Sept. 25, 2024.
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