China has widened regulators' powers to scrutinize overseas deals involving Chinese investors, technology, data and national security, expanding oversight of cross-border transactions. The move comes about a month after Beijing ordered the unwinding of Meta's acquisition of AI startup Manus, underscoring tougher enforcement around AI and data-related deals. The rules are likely to raise regulatory risk for foreign M&A and technology investment exposure tied to China.
China has widened regulators' powers to scrutinize overseas deals involving Chinese investors, technology, data and national security, expanding oversight of cross-border transactions. The move comes about a month after Beijing ordered the unwinding of Meta's acquisition of AI startup Manus, underscoring tougher enforcement around AI and data-related deals. The rules are likely to raise regulatory risk for foreign M&A and technology investment exposure tied to China.
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