The logo of Airbus Group is seen on the company's headquarters building in Toulouse, France. (REUTERS/Regis Duvignau)
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China signed a contract to buy 100 A320 aircraft from European manufacturer Airbus Thursday, a spokesman for the firm told AFP, worth $9.7 billion at list prices.The deal was signed as German Chancellor Angela Merkel met Chinese Premier Li Keqiang at the Great Hall of the People in Beijing. The European Union is China's biggest trading partner and Merkel's trip comes as European leaders jockey for trade and investment deals with the world's second largest economy. China is expected to add 6,330 new aircraft worth $950 billion to its commercial fleet by 2034, Boeing said in August in its annual China Current Market Outlook.
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