GE was selling out to China, people. According to Simon Parkes.org. A $50 Billion Dollar Deal was already in the basket and set in Pakistan to be signed off and closed....
i find that hard to believe trump administration previously approved some sales-appliane division and commercial jet engines but doubtful they would approve that deal...china ould be smart to wait for biden their boy to try and do the deall imo.
one other thing why would they be signing the deal in pakistan? come on people use some common sense, if they snuck something by the us it could be voided.
"(i) beginning 9:30 a.m. eastern standard time on January 11, 2021, any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company as defined in section 4(a)(i) of this order, by any United States person; and"...
Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies
"therefore further find that the PRC's military-industrial complex, by directly supporting the efforts of the PRC's military, intelligence, and other security apparatuses, constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. To protect the United States homeland and the American people, I hereby declare a national emergency with respect to this threat."