German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang held talks on Monday in Berlin, and stressed their commitment to a multilateral trade system in the wake of trade disputes with Washington.
As part of the talks, the sides signed a range of commercial agreements worth about €20 billion ($23.5 billion). Joint projects, involving governmental agencies and companies such as Siemens, Volkswagen, BASF and others, were announced. Continue reading “China and Germany sign €20 billion in trade deals in response to US tariff hikes”