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With GE Deal, Haier Fulfills an American Dream

A U.S.$5.4 billion deal for General Electric’s home appliance division is about to propel China’s largest appliance maker, Haier Group, into the long-dreamed-for high-end market in America.The sale, announced in mid-January but now awaiting regulatory approval and a green light from Haier’s directors, would end the Chinese company’s lengthy quest for a respectable U.S. market
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