Monday, 1 June, 2026
China Tightens Capital Controls After Blocking AI Deal
By TechShots Studio
China has strengthened scrutiny of overseas investments following its decision to block a deal involving Meta and AI startup Manus. Authorities are increasing oversight of cross-border transactions, particularly in sensitive technology sectors, to safeguard national interests and strategic assets. The move signals Beijing’s growing caution over foreign involvement in advanced technologies and outbound capital flows.
Read full story at reuters