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German companies clinch Chinese deals at Merkel-Li meeting

Reuters  |  BERLIN 

BERLIN (Reuters) - German companies signed a raft of agreements with Chinese partners at a meeting of Chinese Prime Minister Li Keqiang and German Chancellor Angela Merkel in Berlin on Monday, according to a document seen by Reuters.Chemicals giant BASF agreed with the government of Guangdong province on a plan for a new site in China, and business software maker SAP struck a strategic cooperation agreement with Suning Holdings Group, the document showed.Siemens agreed with China's State Power Investment Co on joint development of a high-performance gas turbine, and with Alibaba Cloud ...

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First Published: Mon, July 09 2018. 18:56 IST
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