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China may have a population of 1.3B and Australia just 22M, but it is the latter that provides...
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Tuesday, May 1, 2012, 12:57 PM ETChina may have a population of 1.3B and Australia just 22M, but it is the latter that provides more revenues for GE and on which its shifting its focus. Whereas China is difficult to deal with, Australia has a free market and a reliable legal system, so it's just so much easier. And being full of resources, it provides GE with plenty of opportunity.
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this move should support the forecasted stock price of $22 per share, by the end of the month.