(GE) cuts the ribbon on an $80M R&D center in China and says it intends to open more,...

|By:, SA News Editor

(GE) cuts the ribbon on an $80M R&D center in China and says it intends to open more, including another one later in the summer, as it looks to situate itself closer to customers in faster-growing regions. GE is also working on 2-3 JVs in China as part of a three-year $2B investment in innovation and technology partnerships.