- General Electric (NYSE:GE) expects that China will be "a good source of growth" in 2014 despite increasing concerns about the country's economy, CFO Jeff Bornstein says.
- GE forecast that it will "grow faster than the Chinese economy," as it serves markets that are priorities for the government.
- Bornstein's optimism also comes despite GE's industrial sales in China slowing to 7% in 2013 from 20% in 2012, while orders slumped 33% in Q1.
- Other companies are also confident about their prospects in China, including Honeywell and DuPont.