GE is planning to move its 115-year-old X-ray div. from Waukesha, Wis. to Beijing. Besides moving the HQ the company will invest $2B in China and train more than 65 engineers and create six research centers.
This is the same GE that made $5.1 billion in the US last year, but paid no taxes. Pres. Obama appointed GE Chm Jeff Immelt to head his commission on Job Creation (Czar)..
Nice going if you’re Chinese. Another Home Run eh Barrack?