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The Nexus
BUSINESSMay 22 · 10:30 UTCSCMP CHINAIris Deng

Despite blocking Meta’s Manus deal, China says ‘door open’ to foreign tech investment

China's National Development and Reform Commission denied pressuring domestic tech companies to reject foreign investment, despite recently blocking Meta's acquisition of Chinese AI startup Manus. The spokesman stated China supports Chinese firms integrating into the global economy and maintains an open door to foreign tech investment.

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