General Electric predicts healthy China growth
General Electric, the U.S. manufacturing and finance group, still expects healthy growth in China this year, in spite of mounting concerns about the country’s economy, its chief financial officer has said.
Jeff Bornstein said GE expected its markets in China to grow faster than the economy as a whole, as it served areas that were priorities for the government, including healthcare and oil and gas production.
“We still expect China to be a good source of growth for us for the rest of the year,” he told the Financial Times.
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