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GE's Industrial Internet Business Gains Foothold in China

Finding ways to tap into the Chinese Internet market is no easy feat.

But courtesy of the nation's hefty investment in industrial assets -- many of which are in "desperate" need of digitalization -- General Electric (GE) now appears well poised to begin exporting its so-called Industrial Internet to China, William Blair analyst Nick Heymann said in a Friday phone interview.

And GE's CEO, Jeffrey Immelt, noted on Friday's second-quarter earnings...