China says it supports law-abiding transnational deals after reports of Meta deal review

The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS
BEIJING, April 2 (Reuters) – The Chinese government supports companies ​with transnational operations ‌and technology cooperation deals according to needs and ​the law, ​commerce ministry spokesperson He Yadong ⁠said on Thursday.
He’s ​remarks were in ​response to a question on what measures China would ​take regarding Meta’s acquisition of Chinese artificial intelligence ‌startup ⁠Manus.
China has barred two co-founders of Manus from leaving the ​country ​as ⁠regulators review whether Meta’s $2 billion ​purchase of the ​firm ⁠violated investment rules, the Financial Times reported ⁠in ​March.

Reporting by ​Joe Cash and Beijing newsroom; ​Editing by Christopher Cushing

 

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