Does China Southern Airlines cancel flights?
No, China does not own General Electric (GE), which remains an American multinational conglomerate. However, there has been a significant acquisition involving a specific division: in 2016, the Chinese multinational company Haier acquired GE Appliances, an American home appliance manufacturer based in Louisville, Kentucky. As part of this acquisition deal, Haier secured the rights to use the GE brand name on these appliances until the year 2056. It is important to distinguish between the entire General Electric corporation—which is a separate entity—and this specific appliance division, which is now fully owned and operated by Haier. Therefore, while a Chinese corporation owns the GE-branded appliance business, it does not own the parent General Electric company, nor does it have any control over GE’s other business segments, such as aerospace or energy.
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