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Economy Ideas

Why More Chinese Firms On The Fortune 500 Is Bad News For China

In the latest edition of Fortune Magazine“s “Global 500,” exactly 85 Chinese corporations have made the list. That’s an increase of 16 companies compared with last year. But let’s take a closer look at the numbers. Of the companies listed, 90% are stated-owned enterprises (SOEs), and just two of the new batch on the list […]

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