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Fumio Kishida, who is set to be named prime minister Monday, plans to create a new ministerial post for economic security in a veiled counter to alleged technology theft by China, sources familiar with the matter have said.

Takayuki Kobayashi, a former parliamentary vice-minister of defense, will be appointed to the post, sources said Sunday. The new minister is expected to craft a national strategy designed to block a technology drain from the country.

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