BERLIN: China and Germany have signed a number of business deals despite the current slowdown of economic growth in the Asian nation. Visiting German Chancellor Angela Merkel supported moves towards a free trade agreement.
On the fringes of German Chancellor Angela Merkel’s two-day visit to China, the two nations on Thursday signed business contracts worth 18.6 billion euros ($20.3 billion).
Beijing gave the green light for European aviation giant Airbus to deliver 30 A330 passenger planes and 100 A320 aircraft.
Germany’s embattled carmaker Volkswagen signed an agreement on close cooperation with Chinese lender ICBC.
In addition, Deutsche Börse, which operates the Frankfurt Stock Exchange, inked a collaboration deal with the Shanghai Stock Exchange and the China Financial Futures Exchange (CEFTS) with the aim of founding a joint venture.
