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China toughens rules on overseas deals after Meta-Manus deal ban
short by Anushka Singh / on Monday, 1 June, 2026
China on Monday issued new rules to expand regulators' power on overseas deals with Chinese investors, technology, data, and national security. This comes weeks after China blocked Meta's $2 billion acquisition of Chinese AI startup Manus, saying the deal violated the country's investment rules. The new rules require authorisation for exports of restricted Chinese goods, technologies or services.
read more at Reuters