China

China Deals to Top $2B in Revenue; $1B in Exports

China is a key market for GE as it works to increase its non-U.S. sales from 54 percent in 2009 to a target of 60 percent. The agreements in aviation, energy and rail being finalized this week during Chinese President Hu Jintao’s visit to Washington are part of that focus [...]

China Deals Open Door to U.S. Jobs; Chinese Tech & Markets

Global growth: Among the agreements already in place are those for cleaner coal plants, avionics, and high-speed passenger rail in the U.S. — all of which are helping create and support U.S. manufacturing and R&D jobs.

With China experiencing one of the largest rural to urban migrations in history, a number [...]

Avionics Deal Powers Tech Jobs in Grand Rapids, MI (Video)

To see how the new spate of deals with Chinese tech companies are producing jobs in the U.S., look no further than GE Aviation’s engineering hub in Grand Rapids, Michigan. It’s the site of the first round of major work generated from the joint venture GE launched with China’s AVIC [...]

The 5 Things You Need to Make a Train Go 300 MPH

If you’ve had the chance to ride Amtrak’s Acela on its run between New York City and D.C., you may have been impressed as you overtook cars on the freeway. But you might be surprised to learn that with maximum speeds of just 150 mph, the Acela lags far [...]

New Joint Venture Targets U.S. High-Speed Rail Market

As part of a series of rail deals announced late last year, GE and China’s Ministry of Railways said they would explore opportunities to develop high-speed passenger rail technologies. Now that partnership is making tracks as GE and China’s CSR Corporation are launching a new joint venture with one of [...]

Helping Airbus Slash Fuel, Noise & Exhaust with Leap-X Engine

When it enters service, the LEAP-X jet engine will be the most fuel-efficient engine in its thrust class — designed to provide double-digit fuel burn improvements over the engine it will replace. It was recently chosen to power China’s new C919 single-aisle airliner and today Airbus announced that it’s also [...]

$2.5B in Investments; $1.4B in Deals; and 25,000 EVs Later

There were certainly a lot of zeroes in the numbers tied to GE’s globetrotting series of moves this week. From new R&D centers in Brazil and China to a new plan to double U.S. exports, here’s a by-the-numbers snapshot at a busy week focused on global expansion, U.S. jobs, and [...]