Sources: Chinese officials are reviewing Meta's $2B Manus acquisition for possible tech export control violations, including Manus' relocation to Singapore
Commerce ministry assessing whether deal for Chinese-founded group violates technology export controls
Chinese officials are reviewing Meta-Manus deal for possible tech export control violations, FT reported, citing two people familiar with the matter. https://www.ft.com/... Notably still preliminary review that may not lead to a formal investigation, but report does say that
Beijing is reviewing if it should intervene in the Meta/Manus deal, on grounds of potential export control violation. Wants to discourage “Singapore washing”, while Manus tech isn't seen as too vital which may help the deal go thru. Scoop w @rwmcmorrow https://www.ft.com/...