Quote:
Originally Posted by merrylander
The thing we need to worry about is GE Aviation selling to China because from all reports the Chinese can't build reliable jet engines.
|
General Electric to sign 5 deals with China
Quote:
GE Energy signed a joint venture with Shenhua Group Corp. Tuesday to develop coal gasification technologies in China. The subsidiary will also work with China Huadian Corp. to develop more natural gas power generation.
General Electric expects the sale of at least 50 gas-turbine generators in China over the next five years.
GE Aviation and Aviation Industry Corp. of China will develop and market avionics systems, including China's first large, homegrown passenger jet.
General Electric signed a letter of intent with China's Ministry of Railways to provide $350 million worth of U.S.-built locomotives, locomotive subassembly kits, service support and signaling systems for China's railway upgrade.
http://www.boston.com/business/artic...ls_with_china/
|
Shenhua_Group
Now how many GE engineers can they buy on the side out of this caper?
Carl