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GE Plans $2B in China Investments

By Market News Video Staff, Tuesday, November 9, 8:52 AM ET

General Electric (NYSE:GE) said today it is planning to invest more than $2 billion to expand its business in China through 2012.

GE said it plans to expand its research & development and customer support capabilities in China, and also will create joint ventures with China in technology and financial services.

GE is the #1 stock in the Vanguard Industrials ETF (AMEX:VIS), at 11.61% of the portfolio.

United Technology (NYSE:UTX), 3M (NYSE:MMM), Caterpillar (NYSE:CAT) and UPS (NYSE:UPS) round out its top five holdings.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AMEX   Caterpillar   China   Electric   General   Industrials   NYSE   Technology   United   Vanguard   also   billion   business   capabilities   create   customer   development   expand   financial   five   holdings   invest   joint   more   planning   plans   portfolio   research   round   said   services   stock   support   technology   than   through   today   ventures   will   with
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