British lawmaker says UK must defend its companies against overseas takeovers - FT
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(Reuters) - Britain must defend its companies against overseas takeovers in the aftermath of the crisis caused by the coronavirus outbreak, a senior British lawmaker said, adding that China's state-owned companies have drawn on state banks to outbid rivals."Increasingly, China's state-owned enterprises have been able to draw on state banks to outbid rivals in Europe and America", Tom Tugendhat, chair of the Foreign Affairs Select Committee and a Conservative Party lawmaker, wrote in the..