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German Economy Minister Karl-Theodor zu Guttenberg and Chinese Commerce Minister Chen Deming condemned protectionism, saying that opening markets is the proper approach to addressing the global economic crisis.

[Highlights] A 150-strong delegation composed of government officials, businesses and enterprises have signed with Germany, Switzerland, Spain and Britain a series of deals worthy up to 13 billion U.S. dollars.

China Sends Another Delegation to Europe for Investment
Another Chinese delegation of businesses and industry leaders, led by the Ministry of Commerce (MOC), left for four European countries Saturday for investment and economic cooperation, the MOC said.

Protectionism Will Protect No One: China's WTO Envoy
China's envoy to the World Trade Organization called for global efforts to overcome difficulties in times of the world financial crisis, warning trade protectionism would have no winner.

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