The China Economy website reported that, “Over the past two months, after China’s leaders visited foreign countries, China signed treaties and contracts worth about US$100 billion.” During Hu Jintao’s visit to the U.S., the Ministry of Commerce sent two delegations, in seven groups, to tour the U.S. China (Ed: which directly or indirectly controls all companies in China) signed 14 bilateral treaties and many commercial contracts. The total amount negotiated in the U.S. amounted to about US$60 billion. Last December, Wen Jiabao brought over 400 businessmen to India and Pakistan, where they signed contracts worth US$20 billion. In early January, Vice Premier Li Keqiang’s visited Spain, Germany, and the U.K., and signed contracts with those countries in the amounts of US$7.5 billion, US$8.7 billion, and US$4.7 billion respectively.
Source: China Economy website, January 24, 2011