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The Nexus
BUSINESSMay 28 · 12:55 UTCASIA TIMESChris Chen

Why ‘Singapore washing’ will never be the same

China's National Development and Reform Commission blocked Meta's $2 billion acquisition of Manus, an AI startup that moved its headquarters to Singapore in 2025. Founders Xiao Hong and Ji Yichao were barred from the deal by late March 2025.

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