General Electric's Potential Investment in The People's Republic of China

2187 Words5 Pages

China is the best country among the BRIC's for GE to focus its investment. General Electric is a large conglomerate of companies which spans different industry. The industry behemoth is divided into 4 business units with GE Capital, GE Technology Infrastructure, GE Energy and NBC Universal. All of its business units if spun-off into its own company would rank in Fortune 500. The company's products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. GE serves customers in over 100 countries and owns manufacturing plants in over 40 countries around the world. On April 10th, Forbes announces that General Electric is the world's largest company, displacing HSBC Holdings from the previous year. During fiscal year 2008, before the sale of GE Appliance to its own company, its capital finance business brought $67,008 million (37.1%) in revenue, technology infrastructure brought $46,316 million (25.6%), energy infrastructure brought $38,571 million (21.4%), NBC Universal brought $16,969 million (9.4%), and consumer & industrial brought $11,737 million (6.5%). General Electric will benefit the most from investing in China due to the results of the analysis of political, economic, social risk and the benefits for each countries.

The Brazilian government had been plagued with major scandals in the past ten years. In September 2004, officials identified 137 politicians and more than 400 government officials who were involved in an illegal movement of $90 billion from Brazil to offshore banks. In 2006, violence erupted in the state of Sao Paulo when criminal gangs carried out attacks against police stations and...

... middle of paper ...

...2010 Edition", 2010. Houston, Texas: CountryWatch Publications, 2010. CountryWatch.com: China. March 12, 2010. http://www.countrywatch.com/pdfs/reviews/B3665MML.01b.pdf Retrieved March 22, 2010.

The World Factbook. Central Intelligence Agency. 2010. https://www.cia.gov/library/publications/the-world-factbook/ Retrieved March 22, 2010

Human Development Report 2009. United Nations Development Programme. 2009. http://hdr.undp.org/en/media/HDR_2009_EN_Complete.pdf Retrieved March 22, 2010.

"2010 Index of Economic Freedom". The Heritage Foundation. http://www.heritage.org/index/Ranking.aspx Retrieved March 22, 2010.

"The N-11: More Than an Acronym" - Goldman Sachs study of N11 nations, Global Economics Paper No: 153, March 28, 2007. http://www.chicagogsb.edu/alumni/clubs/pakistan/docs/next11dream-march%2520%252707-goldmansachs.pdf Retrieved March 22, 2010.

More about General Electric's Potential Investment in The People's Republic of China

Open Document