Why ‘Singapore washing’ will never be the same

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In April, China’s National Development and Reform Commission moved to unwind Meta’s planned US$2 billion acquisition of Manus, the AI-agent startup founded in Beijing that had relocated its headquarters to Singapore in mid-2025. Meta had agreed to buy the company in December. But by late March, co-founders Xiao Hong and Ji Yichao had been barred […]The post Why ‘Singapore washing’ will never be the same appeared first on Asia Times.