Technology and all things interesting @FT in HK. Returned to journalism (ex BBG) after a decade as investor/entrepreneur. Still an idealist. Opinions mine.
FT scoop: China blocks SoftBank’s $5.4b takeover of ABB’s robotics division
* NDRC informed Softbank the decision in a recent change of heart
* China is ABB's biggest market for robotics, mostly made in China. Co employs ~12,700 in the country