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Thread: 113 Chinese companies in the latest Forbes Global 2000 list

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    Default 113 Chinese companies in the latest Forbes Global 2000 list

    The latest Forbes Global 2000 list includes 113 companies from Mainland China, 49 companies from Hong Kong, 39 companies from Taiwan, and 18 companies from Singapore.

    The World's Leading Companies

    http://ceconomy.blogspot.com/

    The Forbes Global 2000 are the biggest, most powerful listed companies in the world. These global giants usually reorder themselves at a glacial pace, but sometimes--as with the volatile financial sector of late--with more abruptness.

    Extreme vagaries of business or poor performance can take them off the list entirely. In any case, our composite ranking is the best snapshot of just how these titans compare. As we show, the corporate dominance of the developed nations is steadily receding. With respect not just to size but to what investors care most about, see our Global High Performers, an elite list of companies that set the pace in their respective industries.

    Forbes' ranking of the world's biggest companies departs from lopsided lists based on a single metric, like sales. Instead we use an equal weighting of sales, profits, assets and market value to rank companies according to size. This year's list reveals the dynamism of global business. The rankings span 62 countries, with the U.S. (515 members) and Japan (210 members) still dominating the list, but with a combined 33 fewer entries.

    This year, the following countries gained the most ground: mainland China (113 members), India (56 members) and Canada (62 members). Even Oman and Lebanon are now Global 2000 members. Also gaining a significant presence on our list this year are corporations from Ireland, South Africa and Sweden.

    In total the Global 2000 companies now account for $30 trillion in revenues, $1.4 trillion in profits, $124 trillion in assets and $31 trillion in market value. All metrics are down from last year, except for market value, which rose 61%.

    An analysis of the Global 2000 shows that despite the turmoil in the financial sector, banks still dominate, with 308 companies in the 2000 lineup, thanks in large measure to their asset totals. The oil and gas industry, with 115 companies, scores high in sales, profits and stock-market value, yet these sectors were not the leaders in growth over the past year. Insurance companies (up 27%) led all sectors in sales growth, while the leaders in profit growth were drugs and biotech firms (up 20%).

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    Senior Member Dirt's Avatar
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    Some Taiwan companies would call themselves Chinese and some Taiwanese, however, I think all Singapore companies would have problems with being called Chinese companies.

    Does Singapore ever worry about, if Taiwan is annexed by China, they're next?
    Last edited by Dirt; 04-24-10 at 10:14 PM.

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    Senior Member galvatron's Avatar
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    Quote Originally Posted by Dirt View Post
    Some Taiwan companies would call themselves Chinese and some Taiwanese, however, I think all Singapore companies would have problems with being called Chinese companies.

    Does Singapore ever worry about, if Taiwan is annexed by China, they're next?
    I think Singapore are more worry if they get annexed by Malaysia than by China under 1Malaysia policy , Singapore are more know as Israel of Asian than China of South East Asian for the Muslim hardliners .

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    Quote Originally Posted by Dirt View Post
    Some Taiwan companies would call themselves Chinese and some Taiwanese, however, I think all Singapore companies would have problems with being called Chinese companies.

    Does Singapore ever worry about, if Taiwan is annexed by China, they're next?
    The list of 113 Chinese companies does not include the companies from taiwan, singapore or hong kong.

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    Moderator kidd's Avatar
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    Getting into Forbes list for a Mainland company is a misfortune. Staying low profile is better.

    The Curse of Forbes
    什麼是朋友?朋友永遠是在你犯下不可原諒錯誤的時候,仍舊站在你那邊的笨蛋。~ 王亞瑟

    和諧唔係一百個人講同一番話,係一百個人有一百句唔同嘅說話,而又互相尊重 ~ - 葉梓恩

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