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China Blocks Meta’s $2B Manus Acquisition, Redefining Tech Cross-Border Risks

Beijing has moved to unwind Meta’s $2 billion acquisition of artificial intelligence startup Manus following a regulatory review. The decision adds pressure on cross-border tech deals involving Chinese-linked assets. The case reflects tighter oversight of data, talent, and intellectual property tied to companies with operations in China.

Deal In Turbulence: The Manusgate Episode

Chinese regulators initiated a review shortly after the transaction was announced and have requested that the deal be reversed. Duncan Clark said founders should expect limits when structuring companies linked to China. Market participants have used offshore structures, including Singapore entities, to complete transactions. The current case indicates these structures may still face regulatory intervention.

Geopolitical Stakes And Regulatory Dominance

The review coincides with Meta’s earnings cycle and broader U.S.-China political engagement. Former U.S. President Donald Trump is expected to visit Beijing during the same period. Winston Ma said regulators are focused on whether sensitive technologies, including data and engineering talent, are transferred outside China through corporate restructuring.

Implications For Global Talent And Investment

Chris Pereira, president and CEO of iMpact, said relocating incorporation to jurisdictions such as Singapore does not remove exposure to Chinese regulatory review. Talent mobility remains a key factor in U.S.-China competition. The case may influence how founders and investors structure cross-border AI companies and manage jurisdictional risk.

Data Reversal And The Challenges Ahead

Reversal of data transfers is one of the most complex aspects of unwinding the Manus deal. Industry analysts note that reversing digital data flows is more difficult than separating physical assets. A spokesperson for Meta said the transaction complied with applicable laws. Gary Dvorchak, managing director at Blueshirt Group, said China’s influence over Meta is limited by the company’s restricted presence in the Chinese market.

At the same time, regulatory intervention could still disrupt Manus operations and affect the practical value of the acquisition. China accounted for approximately 11% of Meta’s revenue in 2024, compared with more than 20% from Europe. The distribution highlights exposure to geopolitical developments and regulatory actions affecting cross-border operations. Expanded use of foreign investment review mechanisms by Chinese authorities is prompting companies and investors to reassess deal structures, data flows, and jurisdictional risk.

 

Women Make Up A Majority Of The EU’s Science And Technology Workforce But The Real Gap Is Elsewhere

Women now make up the majority of the EU’s science and technology workforce. According to Eurostat, in 2025, more than 81.6 million people aged 15 to 74 were employed in science and technology occupations across the EU. Of those, 52.5% were women, equal to 42.8 million women. The number of women in these occupations rose by 27.9% compared with 2015, an increase of more than 9.3 million over a decade.

On the surface, the numbers resemble progress. However, Eurostat’s category requires context before that figure can be read accurately. The data refers to HRST, or Human Resources in Science and Technology, specifically people employed in science and technology occupations. These are roles where the main tasks require professional or technical knowledge in physical and life sciences, but also in social sciences and humanities. That definition is wider and broader than engineering, ICT, laboratory science, or high-tech research alone.

Zooming In

The gender picture changes once the data moves from a wider definition of the workforce to the narrower scientist-and-engineer (research and manufacturing) subgroup.

Scientists and engineers represented almost a quarter of all people employed in science and technology in the EU in 2025. Eurostat describes scientists and engineers as often being the innovators at the centre of technology-led development, making them an important subgroup to focus on separately.

Women accounted for only 40.8% of scientists and engineers in 2025, despite making up more than half of the wider category. That share has increased by a mere 0.5 percentage points over the past decade. The absolute number of women working as scientists and engineers rose from 5.3 million in 2015 to 8.2 million in 2025, despite the push from national and international organisations to increase the number of women in the field. Europe has expanded the number of women in science and technology occupations over ten years. However, that expansion has not extended equally into the scientist-and-engineer subgroup, where much of Europe’s research and innovation work is conducted.

In 2025, of the 39.4 million women aged 25 to 64 working in science and technology occupations in the EU, 35.5 million worked in service activities. Only 2.7 million worked in manufacturing. Women accounted for 57.5% of science and technology employment in services, but only 31.3% in manufacturing.

In 2025, the highest shares of women employed in science and technology occupations were recorded in Latvia at 62.4%, followed by Hungary’s Great Plain and North region at 61.1%, Estonia at 60.5%, Poland’s Central macroregion at 60.4%, and Lithuania at 60.3%. No EU country recorded a majority of women among science and technology workers in manufacturing.

Break-down

Eurostat’s figures measure employment in broad science and technology occupations. They do not show job security, pay levels, management roles, promotion rates, research leadership, or whether women are concentrated in junior or senior workplace positions.

The classification of “senior” also requires additional explanation. Eurostat reports that 45.9% of science and technology workers aged 25 to 64 in the EU were classified as “senior” HRST in 2025. In this dataset, “senior” refers to workers aged 45 to 64. It does not mean senior manager, senior researcher, team lead, or decision-maker.

A high female share in the wider Human Resource Science and Technology (HRST) category does not parallel equal representation across scientists, engineers, manufacturing roles, senior posts, pay, research funding, or decision-making. These figures also reflect the occupational mix inside each country or region, not only structural progress across all areas of science and technology.

The Case Of Cyprus

Eurostat data places Cyprus’s overall science and technology employment at 37.2% of the labour force in 2025, slightly above the EU-27 figure of 36.9%, and above Greece at 26.8%, Malta at 33.9%, and Turkey at 18.2%. This figure covers the total share of the labour force employed in science and technology across all genders.

Progress Or Work-in-Progress?

52.5% in the broad category. 40.8% among scientists and engineers. 31.3% in manufacturing. Europe’s gender gap in science and technology hasn’t closed yet, and there is still work to be done to encourage and support more women to enter the field, especially in research and manufacturing.

Let’s not wait another decade for another couple of percentage points of hope.

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