Despite the positive tones, China has clarified that "will invest in the Eurozone only if the risks are not too high and well calculated." Berlin gets major commercial contracts and extends offers kickbacks on European duties on imports from Asia: "We must solve this through dialogue, not through international courts."

Beijing (AsiaNews / Agencies) - The second visit of Angela Merkel to Beijing in less than 6 months was marked by a large number of commercial contracts signed and by the alleged Chinese support for European policy on Eurobonds as a way out of the crisis. However, Chinese newspapers reported "concerns" expressed by the Communist prime minister Wen Jiabao to the Chancellor: Wen said that his country "would" buy European government debt "if the conditions are not too risky."

The German leader arrived in Beijing yesterday. She met the Prime Minister, President Hu Jintao and future leader Xi Jinping, who during the communist congress in October should be crowned as the next president of mainland China. A large delegation of businessmen and ministers accompanied her for discussions with their Chinese counterparts.

The talks, according a press statement, did not cover the Eurozone crisis or the conflict in Syria. Merkel said she was "convinced" of China's support and reiterated after the meeting with Wen that "there is absolute political will to strengthen the euro".

For its part, the Chinese premier said: "China is willing to continue to invest in European government bonds after a full risk assessment. Beijing aims to improve communication and consultation with the EU, ECB and member states to support the 'European economy and help it to overcome the difficulties. "

However 13 cooperation agreements in various sectors were also signed. Airbus has signed a contract with China to the tune of 3.5 billion dollars for 50 commercial aircraft, while Merkel made it clear that the controversy surrounding duties on Chinese imports "should be resolved through dialogue and not through the international courts."

In July, the German company SolarWorld and other European manufacturers of solar panels lodged a complaint with to Brussels for duties on solar panels made in China. The Commission has 45 days to decide whether to initiate an investigation. Chinese exports of solar products totaled 35.8 billion dollars in 2011: of these, over 60 percent were exported to the European Union.

 

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