China denies plans to restrict US investment in AI startups
By MLex Staff ( May 22, 2026, 08:25 GMT | Insight) -- China supports domestic technology companies integrating into global innovation networks and has never barred them from accepting foreign investment, a spokesperson for the country’s top economic planner said Friday, following reports that Beijing planned to restrict US investment in Chinese AI startups after the blocked Meta-Manus deal. The National Development and Reform Commission also outlined broader plans to accelerate AI adoption, expand use of domestically developed computing chips and strengthen AI security governance, while boosting AI infrastructure. China supports domestic companies integrating into global innovation networks and has never barred technology companies from accepting foreign investment, a spokesperson for the country’s top economic planner said Friday....
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