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Global Management Forum 2018

ABB banks on 'Made in China 2025' despite US friction

Chairman expects Shanghai robot factory and electric car chargers to spark growth

ABB Chairman Peter Voser speaks to the Nikkei Asian Review in Tokyo on Nov. 6.

TOKYO -- Swedish-Swiss engineering group ABB will continue to expand in China despite the escalating trade dispute between Beijing and Washington, Chairman Peter Voser said on Tuesday.

The chairman said ABB is looking to tap business opportunities arising from "Made in China 2025," Beijing's initiative to nurture homegrown robotics, information technology and electric vehicles. In an interview with the Nikkei Asian Review on the sidelines of the Nikkei Global Management Forum in Tokyo, Voser said the company plans to cultivate the Chinese market with a focus on factory automation.

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