China Bans Foreign Acquisition of AI Startup Manus; Global Times: No "Long-Arm Jurisdiction"
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China has prohibited a foreign entity from acquiring the AI startup Manus, with the Global Times asserting that this decision is a legitimate exercise of regulatory duty, not "long-arm jurisdiction." This follows Meta's 2025 announcement to acquire Manus, an AI company with Chinese origins, which later relocated its headquarters to Singapore. China emphasizes its right to intervene based on the startup's technological, human, and data ties to China, aligning with international trends in strengthening security reviews for strategic technologies.