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China blocks Meta's Manus deal, challenging Singapore strategy
China blocks Meta's acquisition of AI startup Manus, undermining the practice of Chinese tech firms using Singapore headquarters to sidestep geopolitical restrictions.
Owen Walker / Financial Times: China's move to block Meta's Manus acquisition challenges the “Singapore washing” model, as major Chinese tech companies build significant Singapore presences — Beijing's move to block takeover of AI start-up with headquarters in city-state challenges sustainability of ‘Singapore washing’
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