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General Electric signs $3.5 billion deals in China

Reuters  |  BEIJING 

BEIJING (Reuters) - General Electric Co signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines of a state visit to Beijing by U.S. President Donald Trump, who has been looking to stir up U.S.-China trade.The partnerships were signed in the presence of Trump and Chinese President Xi Jinping, as well as U.S. Commerce Secretary Wilbur Ross and Chinese Vice Premier Wang Yang, GE said in a statement. The deals included an engine and repair deal for GEnx-1B engines from Juneyao Airlines Co Ltd worth $1.4 billion at list prices, and another $1.1 ...

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First Published: Thu, November 09 2017. 10:48 IST
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