Source: Bloomberg
Beijing is tightening control over foreign investment flows into domestic AI companies as US capital grows more aggressive—Meta's Manus acquisition signals compute ambitions—and more strategically threatening to Chinese autonomy. Venture capital and strategic investors now face state approval processes that give Beijing veto power over which companies get funded and by whom. By requiring government clearance, China can use capital allocation to shape which AI architectures, safety approaches, and commercial models succeed domestically.