For the first time in its History, there are now more Chinese Companies than American Companies in the Fortune Global 500 List. The Fortune Global 500 is a list of the top 500 Companies in the entire World based on their Yearly Revenues.
124 Chinese Companies made the List while only 121 American Companies are in it. In the Top Ten of the List, three are Chinese Companies (Sinopec, State Grid and China National Petroleum) while only two are American (Walmart and Amazon)
SOURCE: China Overshadows America On Fortune Global 500
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