BEIJING | China, German promise closer financial cooperation
BEIJING—Jan 18, 2019—China and Germany promised Friday to open their markets wider to each other’s banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe.
The two sides affirmed support for a global trading system that other governments worry is threatened by President Donald Trump’s “America first” policies. That followed a regular annual meeting between German’s finance minister and China’s economy czar.
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