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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong7/16/2010 7:54:39 AM
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Germany, China sign billions of dollars in deals
Jul 16, 6:11 AM (ET)
By CARA ANNA

BEIJING (AP) - Chinese and German companies signed deals worth billions of dollars to make trucks and power equipment Friday as the prime ministers declared their countries' economies had recovered from last year's global recession.

German Chancellor Angela Merkel brought the heads of major German corporations with her on a four-day visit to China, underscoring the robust business ties between the two export powerhouses.

Merkel and Chinese Premier Wen Jiabao have met frequently in recent years and agreed to work together to guide a recovery from the global economic crisis.

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apnews.myway.com
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