GE Sells Out to China

CatholicOnline: General Electric has agreed to send several technologically advanced components and instruments to China as part of a plan to position the company strongly in the growing Chinese market. China’s booming economy and strong forecast means the Chinese aviation industry is set to grow rapidly over the next several years and GE wants to earn a share of that money by providing the technology that will help fly those planes. However, when dealing with China, things aren’t always what they seem. Full report here.