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Angela Merkel's visit to China heralds the announcement of a number of major deals. In on of the...

Angela Merkel's visit to China heralds the announcement of a number of major deals. In on of the largest, the air leasing arm of the Industrial & Commercial Bank of China orders 50 Airbus (EADSF.PK) A320 jets valued at $3.5B. Airbus will also build a plant in the Chinese city of Tianjin under an agreement valued at $1.6B. Volkwagen (VLKAF.PK) will invest $290M on an autoparts factory in the city.
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  • dividend_growth
    , contributor
    Comments (2897) | Send Message
     
    Premier Wen said that "after considering all risks, we might buy some European sovereign bonds"

     

    Chinese will not buy more Euro crap until Germans and ECB start doing it first.
    30 Aug 2012, 05:03 AM Reply Like
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