Shipments to rise

2009-2-24 | NEWSPAPER EDITION

GENERAL Electric Co, the world's biggest maker of power-generation equipment, will double deliveries of wind turbines to Chinese customers for two years, benefiting from government-funded expansion, an executive said. Shipments will jump to 320 this year from 159 last year, and double again to 600 next year, Steve Fludder, head of GE's environmental product campaign, said in an interview in Beijing.

General Electric seeks SWF help

GENERAL Electric Co, down 61 percent this year in New York, is seeking funds from China Investment Corp, Government of Singapore Investment Corp and at least two other sovereign wealth funds. Talks are also being...