China-Euro ties in pledge and worries

China pledged to continue to buy European bonds in a bid to help the euro zone resolve its debt crisis, Chinese Premier Wen Jiabao confirmed in Thursday after meeting with visiting German Chancellor Angela Merkel, underscoring Europe's growing importance to the Chinese economy.  Chinese worries about euro-zone sovereign debt crisis and to boost economic ties. 
Separately, the leasing arm of Industrial & Commercial Bank of China Ltd.(601398.SH 0.00%) said it had signed a deal to purchase 50 A320 jetliners from Europe's Airbus valued at $3.5 billion, while German companies such as Volkswagen (AG VOW.XE -3.30%) unveiled $3.2 billion in deals to invest in China.