It is interesting to note that a record number of 37 Chinese companies appeared in the 2009 Fortune 500 ranking of the world’s largest corporation. The figure puts China in fifth position behind the US,Japan,France and Germany. Ironically,US,despite leading the listing with 140 companies was the lowest since the list began 15 years ago.
Topping the Chinese ranking was Sinopec,China Petroleum &Chemical Corporation at number nine,up from 16th last year. China National Petroleum appeared in 13 place and State Grid was 15th. There are nine new names on the list,China United Telecommunication was 15th in the fastest growing companies section,with a 70.4% increase in revenue from 2007
- Chinese Growth in 2006 &FDI
- 351 Chinese Mainland Companies Listed On HKEx
- 3 rd Chinese Company To Be Listed on Bursa Saham Malaysia
- Vietnam And China Business Forum
- Updates on PN17 Firms &Some Reasons For Firms being classified under PN17 (Practise Note No 17)
- Minimum capital required for listed firms may rise 10 times
- China Top 10 Companies &China Top 20 Brands
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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