China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
Source:
nytimes
November 5, 2026 · 03:23
From the publisher
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.
About the source
The New York Times
The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. One of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of June 2026, The New York Times had 13.35 million total subscribers: 550,000 print and 12.8 million digital, both the highest numbers for any newspaper in the United States by a signific…
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About Switzerland
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Bern
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Europe & Central Asia
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High income
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CHE
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Beijing
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East Asia & Pacific
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Upper middle income
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CHN
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Tokyo
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