1. Inhalt
  2. Navigation
  3. Weitere Inhalte
  4. Metanavigation
  5. Suche
  6. Choose from 30 Languages

Business

EU, China Sign Trade Agreements

During British Prime Minister Tony Blair's visit to Beijing, the European Union and China have signed trade agreements worth $2.4 billion (1.9 billion euros) including the $1.5 billion contract for delivering 10 Airbus airplanes A330 to China. The British Standard Chartered Bank is obtaining a 19,9 percent stake in the newly established Chinese Bohai Bank for $123 million. Blair had previously met with China's Prime Minister Wen Jiabao. On Monday, Blair took part in the EU-Chinese summit in Beijing. Great Britain is the largest European investor in China, as well as the fourth largest exporter to China -- after Germany, France and Italy. In his capacity as the current president of the EU Council, Blair will also be traveling to New Delhi to take part in the EU-Indian summit. Both sides are hoping to build up their "strategic partnership," which was agreed upon in 2004. The EU has similar strategic partnerships with China, USA and Russia.

DW recommends