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In this March 20, 2014 photo, a sign with the Haier logo stands in front of the company's headquarters in Qingdao in eastern China's Shandong province. Haier Group, the world’s biggest home appliance maker, announced Friday, Jan. 15, 2016, that it is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence. (Chinatopix via AP) CHINA OUT

In this March 20, 2014 photo, a sign with the Haier logo stands in front of the company's headquarters in Qingdao in eastern China's Shandong province. Haier Group, the world’s biggest home appliance maker, announced Friday, Jan. 15, 2016, that it is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence. (Chinatopix via AP) CHINA OUT

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