China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals NYT - Business By: Adam Satariano 5 November 2026 at 11:23 Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions. © Moritz Hager/ReutersChina is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.
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