At a Nov. 5 regular briefing, foreign ministry spokesman Guo Jiakun declined to confirm AFP reports that China had told SoftBank it would not approve the acquisition of ABB’s Swiss-Swedish robotics joint venture, which Reuters/AFP said would be block

2026-11-05

At a Nov. 5 regular briefing, foreign ministry spokesman Guo Jiakun declined to confirm AFP reports that China had told SoftBank it would not approve the acquisition of ABB’s Swiss-Swedish robotics joint venture, which Reuters/AFP said would be blocked by the National Development and Reform Commission (NDRC). He advised directing the question to the relevant Chinese authorities.