The Financial Times: China is reviewing Meta's $2 billion acquisition of Manus

According to the Financial Times, Chinese authorities are reviewing Meta's $2 billion acquisition of the artificial intelligence platform Manus, assessing whether the transaction violates technology export controls. Two informed sources revealed that officials from the Ministry of Commerce have begun evaluating whether the transfer of the Manus team and technology to Singapore and subsequent sale to Meta requires an export license under Chinese law.
It is reported that the review of the transaction may focus on whether the Manus team developed export-controlled technology within China. Although the review is still in its early stages, if it is determined that an export license is required, the Chinese government may have the authority to intervene in the transaction, and in extreme cases, it could even lead to the termination of the deal.