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moves money TechNode April 27, 2026

China bars foreign investment in Manus AI project as scrutiny on AI exports grows

China bars foreign investment in Manus AI project as scrutiny on AI exports grows
AI Summary

China’s National Development and Reform Commission (NDRC) today announced that, in accordance with laws and regulations, it has issued a decision prohibiting foreign investment in the acquisition of the general-purpose AI agent project Manus. It also requires the relevant transaction parties to immediately withdraw and cancel all related acquisition activities. This decision marks a key step in China’s regulation of foreign mergers and acquisitions in the technology sector, reflecting its firm d

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