General Electric is planning to move its 115 year old X-ray division from Waukesha, Wis., to Bejing. In addition to moving this headquarters, the company will invest $2 billion in China, train more than 65 engineers and create six research centers. Remember this is the same GE that made $5.1 billion in the United States last year but paid no taxes.
President Obama appointed GE chairman Jeffrey Immelt to head his commission on job creation in the United States. But it appears that President Obama forgot to tell him in which country he was supposed to be creating jobs for.