Tuesday 15 November 2011

Why The GE - China Agreement Needs More Scrutiny


More Calls To Investigate GE's China Deal -- DoD Buzz

So, another House lawmaker is joining Rep. Randy Forbes (R-Va.) in calling for official government investigations into GE's partnership with China's state-owned aviation company, AVIC, to develop avionics for civil airliners.

Virginia Republican Frank Wolf wrote Defense Secretary Leon Panetta a two-page letter today backing Forbes' request that the partnership be investigated thoroughly, in part because, "it is my understanding that the technology that GE intends to share with the Chinese was originally developed for the U.S. Military."

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My Comment: This concern from lawmakers is completely justified. Russia entered into the same type of aircraft agreements with China when the Soviet Union was still around. After a few years the Russians then found the [...]



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