Chinese Tech Daily — 2026-05-06#
Top Story#
China’s National Development and Reform Commission (NDRC) has officially blocked Meta’s $2 billion acquisition of the Chinese AI startup Manus, ordering the reversal of the completed transaction. The decision highlights growing geopolitical friction over AI sovereignty, as regulators cited risks involving restricted technology exports, the outflow of domestic training data, and a failure to meet statutory approval processes. This marks a significant moment where “China-nurtured AI” is being strictly guarded against foreign tech giant buyouts, emphasizing the state’s hardline stance on domestic data and talent retention.