Will China's NDRC block SoftBank's acquisition of ABB's robotics business? Foreign ministry responds
Reports say China has told SoftBank it will not approve its acquisition of ABB's robotics business, with the block said to come from the National Development and Reform Commission. At a regular press briefing, foreign ministry spokesman Guo Jiakun declined to confirm the report, referring questions to the competent authorities. It matters because a block would put a major cross-border robotics deal in doubt and test how far Beijing is willing to use merger review in tech competition.
SOURCES
- 36氪 AI2026-11-05 07:35