Beijing's New Framework Codifies Tech-Tracing Approach for Outbound AI Deals
China has formalised a tougher framework for outbound-investment review, making cross-border AI deals significantly more challenging. This new framework codifies the legal and administrative approach previously used by the National Development and Reform Commission (NDRC) to undo Meta's $2 billion acquisition of AI agent startup Manus in April. The updated rules...
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