Gate News: On March 18, Chinese regulators took enforcement actions against individuals involved in Meta’s over $2 billion acquisition of AI startup Manus. Measures may include restricting some Manus executives from leaving the country. The Ministry of Commerce announced the initiation of an assessment investigation on January 8 of this year. This move marks the transition from an investigation to a punitive phase. Manus was founded by Xiao Hong in Beijing in 2022, and its headquarters was relocated to Singapore in June 2025. The same year, Meta acquired the company. Chinese regulators’ main concerns are that Manus’s core AI technology was developed in China and, after relocating to Singapore, was sold to U.S. companies, which may require prior approval from the Ministry of Commerce for technology export licenses. There are also issues related to cross-border data compliance and overseas investment approval. A Meta spokesperson previously confirmed that Manus will shut down its operations in China.
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