BUSINESS · The New York Times
China Blocks Soft Bank's $5.4 Billion Robotics Takeover, Impeding Foreign Deals
Published: 2026-11-05T11:23:03.000Z · 3-Minute Executive Summary
The New York Times reports that chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to Soft Bank of Japan amid wider scrutiny of global transactions that could affect Beijing's technology ambitions.