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Originally Posted by al_bundy
GE is already doing huge business in China selling clean technology
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Yup. And Immelt is steadily buying smallish clean energy/environment companies. I like that part of his plan. I think GE will be doing much better over the next year. And long term.
As I see it now China is not as yet very sophisticated. I know they own the IBM pc brand now and such. But I don't as yet think they are capable of of building integrated systems, integrated vertically and/or horizontally. I know that Lenovo (sp?) is currently stumbling right now. I think they still need the west to integrate their current power systems/plants with wind power for example. The same with large water purification plants. I suspect that building a large purification plant that could clean a great deal of water at a low price--and efficiently--would still require hired skills. Just speculation.
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