GE Venture Will Share Jet Technology With China

vbraga writes "This week, during the visit of Chinese president Hu Jintao to the United States, GE plans to sign a joint-venture agreement in commercial aviation that shows the tricky risk-and-reward calculations American corporations must increasingly make in their pursuit of lucrative markets in China. GE, in partnership with a state-owned Chinese company, will be sharing its most sophisticated airplane electronics (NYT reg. required, reg.-free alternative here), including some of the same technology used in Boeing's new state-of-the-art 787 Dreamliner."

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You can see where this is going...

[Jeremi]

"The Capitalists will sell us the rope with which we will hang them." -- Vladimir Ilyich Lenin