BEIJING – Chinese commerce officials stated Thursday that the government backs international business partnerships and technology collaborations when they comply with legal requirements.
Commerce ministry spokesperson He Yadong made these comments when asked about potential Chinese government actions regarding Meta’s purchase of Manus, a Chinese artificial intelligence company.
According to a Financial Times report from March, Chinese authorities have prevented two founding members of Manus from departing the country while officials examine whether Meta’s $2 billion acquisition of the company broke investment regulations.
The spokesperson’s statements come as Chinese regulators continue their review of the high-profile technology deal between the social media giant and the AI startup.
