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China blocks Meta deal for Manus after stopping founders leaving country in AI power struggle

International
Published on 28 April 2026
China blocks Meta deal for Manus after stopping founders leaving country in AI power struggle

Beijing halted exits first, then reversed the $2B deal

China has ordered Meta to cancel its $2 billion acquisition of AI startup Manus, following actions that prevented the company’s founders from leaving the country. The move underscores how the US-China AI rivalry is shaping high-stakes tech deals, with regulators using immigration and compliance pressure to influence ownership and control of emerging AI talent.

  • Beijing ordered Meta to cancel its $2B Manus acquisition
  • The shutdown followed efforts that blocked Manus founders from leaving China
  • The case highlights intensifying US China AI competition
  • Regulatory control is influencing big tech M and A decisions
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This summarization was done by Beige for a story published on Office ChaiOffice Chai

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