Is China growth slowing? (GE 2Q05 conf call)

General Electric (ticker: GE) reported Q2 2005 earnings results today. Here are key quotes from Chairman and CEO Jeff Immelt and CFO Keith Sherin addressing demand for GE products and concerns of an economic slowdown in China (from management's earnings results conference call):

....and in the case of China, we continue to see good advanced materials order rates in China. We continue to see good interest in infrastructure orders. They can't get enough airplanes. You know fundamentally the demand for kind of 737s and A320s exceeds the supply right now. So we don't see really any appreciable slowdown.

....in energy we're seeing good global revenue growth and some increased expansion around the ecomagination products. Several big wind orders and enhanced H System and continuous wins in China.

(Quotes are from the CCBN StreetEvents transcript.)

GE chart.

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