Merkel signs deal to sell 50 Airbus planes to China

China has completed a deal with a German business delegation, headed by Chancellor Angela Merkel, to buy 50 planes, worth $3.5 billion, from Europe’s Airbus.

Germany has dispatched its biggest trade delegation ever to visit China and signed ten other agreements according to Xinhua news agency.

The delegation includes seven cabinet ministers and the heads of leading German companies, including Siemens, SAP, Volkswagen and ThyssenKrupp.

Merkel nods to China's clout - Wall Street Journal (30 Aug 2012)

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