Story perspectives

Chinese Founders of Manus Barred Amid Investigation into Foreign Investment

3/25/2026

Summary

Story summary

Chinese authorities restrict Manus co-founders Xiao Hong and Ji Yichao from leaving the country amid an investigation.
The National Development and Reform Commission summoned them to discuss potential foreign investment violations.
Meta's acquisition of Manus, valued between $2 billion and $3 billion, occurred in December 2025.
A Meta spokesperson said the transaction complied with laws.
Manus is known for its general-purpose AI agents that automate tasks and conduct research.

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Story summary

Chinese authorities restrict Manus co-founders Xiao Hong and Ji Yichao from leaving the country amid an investigation.
The National Development and Reform Commission summoned them to discuss potential foreign investment violations.
Meta's acquisition of Manus, valued between $2 billion and $3 billion, occurred in December 2025.
A Meta spokesperson said the transaction complied with laws.
Manus is known for its general-purpose AI agents that automate tasks and conduct research.