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GE to move X-ray unit to China
By: Bill O'ReillyJuly 26, 2011
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STORY EXCERPT
BBC: General Electric (GE) said it is shifting the headquarters of its X-Ray unit to China, in an attempt to capture the fast-growing emerging markets. The move comes as companies look to tap into emerging markets as demand from developed economies slows down. The company said several senior officials of the unit will relocate to Beijing from the US over the next month.
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