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Xi Tests China’s Reach by Blocking Already

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta Platforms Inc. to unwind a $2 billion acquisition of AI startup Manus marks a step unlike anything it’s tried before.

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta Platforms Inc. to unwind a $2 billion acquisition of AI startup Manus marks a step unlike anything it’s tried before.
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Source: Bloomberg | Published: 2026-04-27T17:38:48Z

Credit: Bloomberg

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