China conditionally clears ZF/Wabco

Charles McConnell

18 May 2020

China conditionally clears ZF/Wabco

Credit: shutterstock/Jonathan Weiss

China’s competition watchdog has conditioned its approval of German auto parts maker ZF Friedrichshafen’s purchase of Wabco on a commitment to keep a key product available to the Chinese market on fair, reasonable and non-discriminatory terms.