Manus

China reviews $2bn Manus sale to Meta as founders barred from leaving country

Deal scrutiny deepens over official fears of strategic tech flowing overseas

China has restricted two co-founders of Manus from leaving the country as regulators review whether Meta’s $2bn acquisition of the AI agent company violates Beijing’s investment rules.

Manus’s chief executive Xiao Hong and chief scientist Ji Yichao were summoned to a meeting in Beijing with the National Development and Reform Commission this month, according to three people with knowledge of the matter.

They said Xiao and Ji were questioned on potential violations of foreign direct investment rules related to its onshore Chinese entities.

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