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Posts Tagged ‘china-germany economic cooperation’

China, Germany relate their common interests

Posted by seumasach on May 27, 2018

Frank Sellers

The Duran

German Chancellor Angela Merkel’s visit to Beijing this week gives us some important details about what is moving the cogs of her foreign diplomatic and trade relations agenda. Merkel has several reasons, both politically and economically to make this journey.

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Dollar hegemony under attack by export-superpowers Germany and China

Posted by seumasach on March 30, 2014

Testerone Pit

29th March, 2014

The word dollar didn’t even come up. “The volume of transactions that can be carried out in the Chinese currency in international and German financial centers is not commensurate with China’s importance in the global economy,” the Bundesbank explained in its dry manner on Friday in Berlin, after signing a memorandum of understanding with the People’s Bank of China. President Xi Jinping and Chancellor Angela Merkel were looking on. It was serious business. Everyone knew what this was about. No one had to say it.

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Bundesbank, PBOC in pact to turn Frankfurt Into Renminbi hub

Posted by seumasach on March 30, 2014

BusinessWeek

27th March, 2014

Germany’s Bundesbank and the People’s Bank of China agreed to cooperate in the clearing and settling of payments in renminbi, paving the way for Frankfurt to corner a share of the offshore market.

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Beijing finds vulnerable ally in Berlin

Posted by seumasach on February 7, 2012

Jian Junbo

Asia Times

8th February, 2012

German Chancellor Angela Merkel’s two-day visit to China last week came amid significant advances in cooperation, despite differences on issues such as Iran.

As Chinese President Hu Jintao said during his meeting with Merkel last Friday, her visit strengthens “trust and understanding” between the two countries.

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‘Berlin Is Playing into the Hands of the Chinese’

Posted by seumasach on June 29, 2011

Spiegel

29th June, 2011

Trade was the focus of the meeting of German and Chinese leaders in Berlin this week, with German companies eager to get a piece of the massive Chinese market. But commentators warn of the dangers of becoming too dependent on the emerging Asian superpower.

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China agrees to invest billions in German products and know-how

Posted by seumasach on June 29, 2011

Deutsche-Welle

29th June, 2011

China and Germany have signed trade deals estimated to be worth 10.6 billion euros ($15 billion), following joint government consultations earlier this week.

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