Will China's NDRC Block SoftBank Group's Acquisition of ABB's Robotics Business? Foreign Ministry Responds
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Author:小编   

Foreign Ministry Spokesperson Guo Jiakun held a regular press briefing. An AFP reporter inquired: according to reports, China has notified Japan's SoftBank Group that it will not approve its acquisition of the robotics division of the Swiss-Swedish joint venture ABB, and SoftBank recently learned that the deal will be blocked by the National Development and Reform Commission (NDRC). Can the Foreign Ministry confirm this? Guo Jiakun responded that he would refer the question to the competent Chinese authorities.

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