China's central bank, announced Monday that it has signed a currency swap agreement worth $1.62 billion with the Hungarian central bank.
Trade and investment between China and the UK will skyrocket as the world's second-largest economy increasingly moves into service-based industries including finance and architecture.
China and Russia's energy giants signed a framework agreement on the Russian gas supply to China.
Chinese consumers will not be able to enjoy hairy crabs from Germany as a group-buying website which had planned to sell them canceled orders.
Chinese authority warned on Thursday that mitten crabs from Germany are not qualified to be imported without going through quarantine.
The European Commission has decided to terminate anti-dumping proceeding concerning imports of steel tube and pipe butt welding fittings from China.
China has become the top target of the European Union's punitive trade measures in the first seven months of 2013.
The European Commission announced it would continue anti-subsidy investigation on solar panels from China, without taking provisional measures.
China is continuing its anti-dumping and anti-subsidy investigations into polysilicon and wine imported from the European Union.
Huawei is hoping for an open and fair business environment in Europe following media reports of an EU investigation targeting Chinese telecoms.
The European Commission on Friday said it has endorsed an "amicable solution" over imports of Chinese solar panels.
EU and Chinese solar panel exporters agreed to end the trade dispute through setting a minimum export price, EU trade commissioner Karel de Gucht said.
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