di.se reports that the Saab-Youngman-Pang Da deal has today been approved on the provincial level.
In about a month’s time a decision is expected from NDRC centrally after which another two government authorities will have their say.
Local DRC approval came last week.
So far there has only been talk of three authorities – local, provincial and national. Only one more to go, as far as I know. ttela.se also reports that NDRC is the final hurdle.
Saab still needs NDRC approval. After that Youngman will have to submit papers to the Local Commerce Department, contact the Chinese embassies in Stockholm and Amsterdam, file an application with National Department of Commerce and finally (together with Pang Da) get everything approved by Foreign Exchange Bureau. (See Letters of Support from Pang Da and Youngman)