GE to Announce China Projects Yielding $2.1 Billion
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General Electric Co. plans to announce Chinese rail, aviation and energy projects yielding at least $2.1 billion in sales during President Hu Jintao’s visit to the U.S. this week.
The joint ventures and orders include high-speed rail, locomotives, power turbines, clean coal technology and avionics. They may support about 5,000 jobs including from U.S. suppliers, the Fairfield, Connecticut-based company said.