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China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
Key Points

China is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.

China is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.
China Blocks SoftBank’s (ORG) Impeding Foreign Deals China (ORG) ABB (ORG) Chinese (ORG)
Originally published by NYT Business Read original →