© 2025 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

GE Sells Appliance Unit To Chinese Company For $5.4 Billion

The Chinese appliance maker Haier is paying a premium for General Electric’s appliance business, as GE announced today. The move marks Haier’s desire to expand its access to the U.S. market as the Chinese economy slows down.

Mike Regan, a columnist for Bloomberg Gadfly, joins Here & Now‘s Jeremy Hobson to discuss the $5.4 billion deal.

Guest

Copyright 2020 NPR. To see more, visit https://www.npr.org.

KCUR prides ourselves on bringing local journalism to the public without a paywall — ever.

Our reporting will always be free for you to read. But it's not free to produce.

As a nonprofit, we rely on your donations to keep operating and trying new things. If you value our work, consider becoming a member.