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China to spend £2.2 billion on Airbus deal

30 Aug 2012 12:00 AM | Anonymous

Airbus is to deliver 50 planes to China in a deal expected to be worth £2.2 billion.

The deal comes after the EU and china had come into dispute regarding the carbon Emissions Trading Scheme (ETS), which had affected Airbus as a European company in China.

The news comes as German Chancellor Angela Merkel visits China on a trade-visit, and improve Chinese investment in Europe.

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