Germany, China Pledge Closer Economic Ties

April 23, 2012  •  From

German and Chinese leaders promised to enhance bilateral business ties at an industrial fair on April 21. German Chancellor Angela Merkel and Chinese Premier Wen Jiabao both spoke at the economic forum, which was held in Hanover, Germany.

In 2011, trade between China and Germany totaled $190 billion. Wen said that the two nations want to increase that figure to $280 billion by 2015. China and Germany are the world’s two biggest exporters.

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