Post #6005

🇺🇸🇨🇳Meta unwinds Manus deal after China veto Meta Platforms is preparing to unwind its acquisition of AI startup Manus after China blocked the deal on national security grounds, according to the Wall Street Journal. The report cited people familiar with the matter. The move marks a rare instance of Chinese regulatory authority directly forcing the reversal of a US tech acquisition. Manus is an AI startup, making the national security rationale consistent with Beijing's broader scrutiny of cross-border AI-related transactions. The unwinding signals that Chinese regulators retain effective veto power over deals involving entities with mainland exposure, even when the acquirer is a US firm. #USA#China @asianomics