China’s new rules give the West a new headache
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When Western firms pull production out of China or buy fewer parts from there in order to be less dependent on the country, this is called decoupling or de-risking. And you would think that China can’t stop the rest of the world from decoupling, right? Tell that to Beijing. Chinese authorities blocked Meta’s $2 billion (€1.7 billion) takeover of the artificial intelligence (AI) startup Manus last month, sending a clear signal that even deals structured outside China's borders are no longer
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