The largest shareholder of General Electric itself is an American company, but GE Appliances is owned by a Chinese company named Haier. Headquarters of GE Appliances is still in the U.S., in Louisville, Kentucky, and most of the GE convection ranges, microwaves, washing machines, and other appliances are made in the USA (some are made in Mexico and China).
In 2020 and 2021, there were rumors online that a Chinese company was purchasing General Electric, but that’s wrong. It’s a hodgepodge of half-true information — a Chinese company did buy part of GE, but it was a few years prior. GE sold its appliances division to Haier in 2016 for $5.4 billion, and it was just the appliances division, not the whole company.
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