Published Apr 27, 2026, 1:38 PM ET · Updated 7 months ago · 1 source

Xi Tests China’s Reach by Blocking Meta Deal That’s Already Done

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bloomberg
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Xi Tests China’s Reach by Blocking Meta Deal That’s Already Done

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta Platforms Inc. to unwind a $2 billion acquisition of AI startup Manus marks a step unlike anything it’s tried before.