China reaffirmed its support for law-compliant international business deals, emphasizing openness to cross-border technology partnerships aligned with regulatory frameworks.
Commerce Ministry spokesperson He Yadong stated authorities encourage companies to pursue global cooperation based on legal standards and market needs.
His remarks followed questions regarding Meta’s reported $2 billion acquisition of Chinese artificial intelligence startup Manus.
According to earlier reports, Chinese regulators are reviewing the transaction to assess potential violations of investment regulations.
The review has added uncertainty to the deal, highlighting tighter oversight of foreign acquisitions involving sensitive technology sectors.
Reports also indicated that two Manus co-founders have been restricted from leaving China during the regulatory evaluation process.
The situation underscores Beijing’s focus on balancing innovation, national interests, and compliance in high-value international transactions.
Analysts note that regulatory clarity will be critical for sustaining cross-border investment confidence in China’s rapidly evolving tech landscape.
