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Economy

UK drafts plan to save strategically important firms to country

LONDON: Britain’s finance minister, Rishi Sunak, has authorised a plan to save strategically important companies in exceptional circumstances, the Financial Times reported, citing details shared with the newspaper by the Treasury.

Economy

China seen holding stimulus in check amid uncertainty

BEIJING: Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.