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China expands curbs on foreign deals, tech transfer after Meta-Manus block

June 2, 2026
Source: channelnewsasia.com channelnewsasia.com
News Snapshot:
Beijing views AI as a sensitive sector critical to national security and has made efforts to ?control outbound flows of technology, intellectual property and talent.The new rules are "largely designed to prevent Chinese firms from divesting strategic assets to foreign ?parties, not to stop them from acquiring them in the first place", said Han Shen Lin, China country director at The Asia Group, a US consultancy."The real story is how it ?codifies a full retaliatory toolkit against US entities that participate in outbound investment screening of Chinese capital."One of the most significant articles requires authorisation for exports of restricted Chinese...
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