The Ministry of Commerce responds to the review of Meta's acquisition of Manus: enterprises engaged in foreign investment and other activities must comply with Chinese laws and regulations

According to Xinhua News Agency, the spokesperson for the Ministry of Commerce, He Yadong, responded to questions regarding the review of Meta's acquisition of the artificial intelligence platform Manus, stating that the Chinese government has always supported enterprises in conducting mutually beneficial and win-win multinational operations and international technological cooperation in accordance with the law.

It should be noted that enterprises engaging in foreign investment, technology exports, data outflow, cross-border mergers and acquisitions, and other activities must comply with Chinese laws and regulations and follow legal procedures. The Ministry of Commerce will work with relevant departments to conduct an assessment and investigation of the consistency of this acquisition with laws and regulations related to export control, technology import and export, and foreign investment.