The Latest Breaking News from NDRC

How China Stopped Meta's $2B+ Manus AI Deal — And What It Signals About AI Control

China's NDRC has blocked Meta's acquisition of Manus AI, citing concerns over technology transfer. The decision highlights China's regulatory stance on foreign investments in domestic AI assets.

International Business Times UK · Apr 28

Meta’s $2bn deal to buy AI startup Manus is blocked by China

IN FULL

The Independent UK · Apr 27

China blocks $2bn Meta takeover of AI agent developer Manus

Beijing says domestic tech companies must seek explicit government approval for accepting US investment

The Guardian - UK · Apr 27

China Planning To Cut Taxes On Home Buying: Report

China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday.

International Business Times · Nov 12, 2024

China shares popped, fizzled, and climbed again in first trading day after a weeklong break

Investors may have been dismayed by the lack of stimulus announced at a press conference held by China’s economic planning board.

Fortune · Oct 8, 2024

China announces more support for economy but holds back on major spending package

China’s economic planning agency has outlined details of measures aimed at boosting the economy but refrained from major spending initiatives

The Independent UK · Oct 8, 2024

China Expands Role of State Bank-Backed Equity Investors to Aid Tech and Innovation

Beijing pilot program will allow AICs to expand into venture capital investment to boost tech sector

Caixin Global · Aug 30, 2024

Democrats to flood battleground states with millions for state-level races

They aim to flip or hold on to state chambers in Arizona, Michigan, New Hampshire, Pennsylvania and Wisconsin.

Axios · Jun 5, 2024

NDRC Mulls Funding Support to Boost Private Investment

Economic planning body aims to provide financial help to regional welfare projects that attract private investment

Caixin Global · Feb 20, 2024

Markets Today: Stocks Gain Ahead of a Busy Week for Earnings Results

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.16%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.25%. Stock indexes this morning are moderately higher. A nearly +1% gain in Apple in pre-market trading is boosting technology stocks after Bloomberg News reported that...

Barchart · Jul 24, 2023