In this Epoch Times article, Sean Tseng reports that Beijing’s obstruction of Meta’s planned $2 billion acquisition of Singapore-based AI startup Manus may signal a new escalation in China’s corporate warfare strategy.
- Chinese authorities reportedly prevented Manus CEO Xiao Hong and chief scientist Ji Yichao from leaving the country before formally blocking Meta’s proposed acquisition.
- Manus had moved its headquarters to Singapore nine months earlier, but Beijing still asserted regulatory pressure over its top executives.
- Officials from China’s National Development and Reform Commission questioned the executives over alleged foreign investment reporting issues.
- Analysts cited by the article warn that the incident could frighten foreign investors who already see China as an increasingly risky place to do business.
- The case suggests Beijing may be willing to use personal pressure on executives as leverage to stop deals it considers strategically threatening.
- The article frames the blocked acquisition as part of a broader struggle over artificial intelligence, corporate control, and China’s effort to prevent valuable technology from slipping outside its reach.
- For Western firms, the warning is obvious: doing business connected to China may now carry not only regulatory risk, but personal risk for executives as well.
Read the full story: https://www.theepochtimes.com/article/beijings-newest-strategy-in-corporate-warfare-detain-executives-to-kill-deals-6023296?utm_source=partner&utm_campaign=TheLibertyDaily
Drudge Report is not alone as more popular news aggregators turn against President Trump. For the real news and opinions from across the web that Americans need, check out JD Rucker’s curated links.
