China: Office of the Foreign Investment Security Review Mechanism issued prohibition decision against Meta Platforms acquisition of Manus

On 27 April 2026, the Office of the Foreign Investment Security Review Mechanism at the National Development and Reform Commission issued a decision prohibiting the foreign acquisition of the Manus project by Meta Platforms Inc. The decision targets the parties to the transaction, namely Meta Platforms Inc as foreign acquirer and the Chinese-side party to the Manus project. The Office issued the decision under the foreign investment security review framework and required the parties to withdraw the acquisition transaction. The decision is final and brings the security review process to a close.