GE and China catch Green Fever

General Electric Co. is the world's second biggest company by market value. ExxonMobil is number one.

GE has agreed to work with China to develop:

1. Wind power equipment

2. lower emission jet engines

3. more efficient locomotives

In the next 15 years, China says it plans to spend 1.5 trillion yuan ($187.5 billion) on renewable energy. And, they plan to do it with the world's largest electric company.

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[stillthere]

This is really encouraging news. China has hope; the world has hope!