China — National Development and Reform Commission & Tencent
8 shared events · Importance 3 · Last updated Jun 12, 2026
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Regulatory
China — National Development and Reform Commission: The NDRC blocked the acquisition and ordered its withdrawal, citing technology transfer concerns. This action underscores China's regulatory authority over cross-border tech deals involving Chinese-origin technology.
Tencent: Tencent is in discussions to acquire a controlling stake in Manus at a $2 billion valuation, potentially becoming its largest shareholder. This would strengthen Tencent's AI portfolio.
Aug 11, 2026 · 6 articles
Domestic
China — National Development and Reform Commission: The China — National Development and Reform Commission is a key government agency drafting the blueprint for the nationwide data center network.
Tencent: Tencent' private spending on data centers is not included in the government's plan, but it may benefit from the broader push for AI adoption.
Jun 09, 2026 · 9 articles
International
China — National Development and Reform Commission: The China — National Development and Reform Commission in China plays a role in economic planning and strategic development, including the push for domestic AI chip production.
Tencent: Tencent is among the Chinese companies approved to buy Nvidia's H200 chips, but its purchases have stalled due to guidance from Beijing and broader geopolitical tensions.
May 14, 2026 · 42 articles
Regulatory
China — National Development and Reform Commission: The China — National Development and Reform Commission issued the order to unwind the acquisition, highlighting China's regulatory power over cross-border tech deals.
Tencent: Tencent>>> was an investor in Manus>>> and has already received proceeds from the original acquisition, indicating its involvement as a past stakeholder.
May 21, 2026 · 27 articles
International
China — National Development and Reform Commission: The China — National Development and Reform Commission, a Chinese government agency, ordered the unwinding of the Meta Platforms-Manus deal, citing violations of foreign investment and technology export rules.
Tencent: Tencent, as an investor in Manus, has already received proceeds from Meta Platforms' acquisition, complicating the unwinding process.
Jun 11, 2026 · 13 articles
International
China — National Development and Reform Commission: Co-organized WAIC, Zhou Haibing spoke at press conference.
Tencent: Reportedly restricted access to ZTE — Nubia Technology's AI assistant on its platforms, reflecting tensions around AI agent smartphones.
Jul 08, 2026 · 315 articles
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