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Global Business News

The Economic Times

Global Business / The Economic Times

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How China block of AI deal could stop 'Singapore-washing'

China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on Singapore-washing. This move, aimed at preventing the outflow of critical AI talent and technology, suggests Beijing is scrutinizing companies that relocate abroad to bypass national regulations. The decision highlights China's growing assertiveness in the global AI race.

28 Apr 2026 11:35 am