China promotes startups as economy slows - China's National People's Congress closes with new 5-year plan - A little bit of sugar for Britain's budget medicine
British Chancellor of the Exchequer George Osborne has used his annual budget speech to say the country should vote in favor of staying in the EU in a June referendum. He warned of a "cocktail of risks" for the economy.
China has been a major investor in Europe over the past decade, pumping money to buy a number of strategic and high-tech assets. But Chinese investments have caused both exultation and trepidation.
In his first appearance since the UK voted to leave the EU, British Finance Minister George Osborne sought to reassure financial markets. Ex-London Mayor Boris Johnson broke his silence, saying markets were "stable."
The latest results indicate that the Conservative Party is set to win without an overall majority. Prime Minister Theresa May was facing calls to step down as worries grew about the potential for a hung parliament.
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