China's Ministry of Commerce Responds to Meta's Acquisition of Manus: Supports Compliant Cross-border Operations

How to comply with local regulations during cross-border mergers and acquisitions is an industry focus. Recently, Meta's acquisition of Manus raised related questions, and China's Ministry of Commerce responded.

He Yadong, spokesperson of China's Ministry of Commerce, stated that the Chinese government supports enterprises to conduct cross-border operations and technical cooperation as needed, but relevant actions must strictly comply with Chinese laws and regulations and go through legal procedures.