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UK.

Good morning from the Financial Times. Today is Tuesday, March 25th.

And this is your FT News briefing.

China is considering even more economic subsidies,

and there's a new corporate top dog in Europe.

Plus, Starlink is doing really well.

But are Elon Musk's ties to the government jeopardizing its success?

Starlink effectively has become this sort of golden goose for Musk.

It's the strongest source of his net worth.

I'm Mark Filipino, and here's the news you need to start your day.

Thank you. Beijing is considering billions of dollars and subsidies on China's services sector.

Subsidies would make things like travel, tourism, and sports cheaper and encourage people to spend more money on them.

Now, Beijing has tried stuff like this before to boost consumer spending,

but economists say it mostly helps producers to sell goods instead of getting consumers to open their wallets.

A source said the program could launch in the second half of the year

if consumption continues to lag.

SAP has become Europe's most valuable company. On Monday, the German software giant leapfrogged

...