China Blocks

Meta said Monday that the transaction "complied fully with applicable law" and that it anticipates "an appropriate resolution to the inquiry."(Image credit: Jeff Chiu/AP)

• China's National Development and Reform Commission prohibited Meta's acquisition of Singapore-based AI startup Manus on April 27, 2026, requiring all parties to withdraw. • Manus, with Chinese roots, was targeted in a security review of foreign investment despite Meta's compliance claims from its California headquarters. • The decision heightens US-China tech tensions, impacting Meta's AI expansion and cross-border M&A in semiconductors and intelligence tools.