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General Electric is planning to move its 115-year-old X-ray division from Waukesha , WI to Beijing.
In addition to moving the headquarters, the company will invest $2 billion in China, train more than 65 engineers and create 6 research centers.
This is the same GE that made $5.1 billion in the United States last year, but paid no taxes.
This is the same company that employs more people overseas than it does in the United States.
President Obama appointed GE Chairman, Jeff Immelt to head his commission on job creation (job czar). Immelt is supposed to help create jobs … in the U.S..
See GE Moves 115-Year-Old X-Ray Unit's Base to China to Tap Growth - Business