Singapore Says China Didn’t Violate Local Laws by Blocking the Meta-Manus Deal

Singapore’s government has broken its silence on China’s decision to block Meta Platforms Inc.’s $2 billion acquisition of AI agent startup Manus, which is based in the city-state, saying the intervention did not violate local laws.

Addressing the issue publicly at the Singapore-China Forum on Monday, Chee Hong Tat, Singapore’s national development minister and deputy chairman of the Monetary Authority of Singapore, said the government had no need to comment earlier. Singapore respects the national security considerations of both China and the U.S., he said.