General Electric, Diplomat to China

General Electric (NYSE:GE) in "Country to Company" Relationship to China
Last November General Electric (NYSE:GE) and China announced they had entered into what they called a "Country to Company" agreement, which implied and I think, outright announced, that China considered General Electric to be on equal footing to another country; as a matter of fact, calling it a "Country to Company" agreement by China did put General Electric on par with them being a country.

This is a fascinating development, but not really a surprising one when you think of it. General Electric, at the time of this writing, has a market cap of a little under $200 billion. There are a number of countries in the world that struggle to come close to that figure, so General Electric, and other companies, indeed are larger and more powerful as a business partner than entire countries.
Some have become bothered by this reality, but it's not that big of a deal to me, and General Electric and other companies have every right to enter into agreements with business partners from other countries.
One factor which has troubled some people is the large companies like General Electric, with the deals they've made with China and other countries, having a place on the president's Business Advisory Board, while small business representatives like the National Federation of Independent Business and the U.S. Chamber of Commerce aren't invited to the party.
This of course does leave out an important voice of American enterprise out of the equation and limits the view of what needs to be done, especially with the creation of American jobs.