GE Healthcare moving X-ray leadership team from US to China

[phantom power]

Looks like China is winning the future
:eyes:

BEIJING — GE Healthcare, a maker of diagnostic imaging equipment, said Monday it is moving its X-ray global headquarters from the United States to Beijing as it seeks to tap China and other emerging markets.

The General Electric Co. unit is the first business of the industrial and financial giant to relocate to China.

Anne LeGrand, vice president and general manager of GE Healthcare Global X-Ray, told a news conference that the decision to move from Waukesha, Wisconsin, was made two years ago and will be completed by early fall.

She said “there is certainly the opportunity” to move other GE Healthcare units to China, but that is “something that we will continue to evaluate.”

http://www.washingtonpost.com/business/ge-healthcare-moving-x-ray-leadership-team-from-us-to-china/2011/07/25/gIQAHL65XI_story.html?wpisrc=nl_tech

[buddysmellgood]

1. Meanwhile, Walker is expanding jobs for eastern block kids in the Wis Dells.

[no_hypocrisy]

2. General Electric didn't pay ANY taxes.

http://www.nytimes.com/2011/03/25/business/economy/25tax.html?pagewanted=all

And that's what happens when corporations have enough money to move operations out of this country.

[Brickbat]

3. Shameful.

[TwilightGardener]

4. I don't know why workers in this country even bother to feel offended anymore--

we simply don't matter. Entire corporations and industries have come to that conclusion for at least 15 years now, they're moving on and we're all just going to clean each other's teeth and pick up each other's garbage and wipe each other's asses and sell each other hamburgers.