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You are here: Home > China News > GE in tie up with XD Electric as it eyes China's market

GE in tie up with XD Electric as it eyes China's market

Date:2012-05-09 Source:BBC News

GE has agreed to buy a 15% stake in XD, one of China's largest makers of power transmission and distribution equipment.
 

Beijing is looking to expand its electricity infrastructure to cater to rising demand as China's economy grows.

See the full report at:
http://www.bbc.co.uk/news/business-17986405

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