China now has more Fortune 500 companies (136) then the US (124)

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Jun 9, 2023
10:17:49am

jrifkin48 Intervention Needed

China now has more Fortune 500 companies (136) then the US (124)

Years of IP theft will get you there.

How China beat the US in capitalism. There are now more Chinese (136) than American (124) firms in the Global Fortune 500 list!

Would have been unimaginable 20 years ago.

More surprisingly, a vast majority of these Chinese firms are state-owned enterprises. That must really… pic.twitter.com/nMGAaJPhf3
— S.L. Kanthan (@Kanthan2030) June 9, 2023

https://twitter.com/Kanthan2030/status/1667005912333287424

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jrifkin48

Bio page: jrifkin48
Joined: May 7, 2011
Last login: May 14, 2024
Total posts: 28,204 (1,310 FO)

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Messages

Author

Time

China now has more Fortune 500 companies (136) then the US (124)

jrifkin48

6/9/23 10:17am

I bet over half those firms are state owned enterprises.

panacablue

6/9/23 10:19am

The tweet says the majority are state owned, so, yes.

paulb

6/9/23 11:51am

The vast majority being state owned enterprises just means these are criminal orgs and a reflection of the state

6/9/23 10:27am

China also has over 3x the population and their profit margins are crap. In addition no one trusts their

CSoul

6/9/23 10:33am

Kind of reminds me when Germany democratically elected a dictator

Cougarclaw

6/9/23 10:34am

"beat the US in capitalism"? Who is this clown?

txblue

6/9/23 10:39am

Probably quoting Thomas Friedman

panacablue

6/9/23 10:42am

Probably. I can't even with that guy.

txblue

6/9/23 10:54am

He went over a Cliff for sure. He was so good and then overnight china’s pawn

panacablue

6/9/23 11:14am

It doesn't help either that the US has been actively discouraging innovation.

OPINIONS

6/9/23 10:41am

It's a shame that China is leading in certain AI fields. Of course, they have a

Genghis Spreads

6/9/23 10:54am

LOL, what is this tweet saying? "beat the US in capitalism" with "state-owned

Mitty

6/9/23 11:19am

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