China's Largest Companies Prove Why It's The World's No. 2 Economy

本贴最后更新于 2622 天前,其中的信息可能已经时异事殊

Two of China's biggest household brands Alibaba Group and SAIC Motor have risen up the charts on the Forbes Global 2000 list of the world's largest companies. Photographer: Michael Nagle/Bloomberg

China is big--at everything. Its tech companies like HNA Technology are getting bigger. Asian e-commerce powerhouse Alibaba, founded by billionaire Jack Ma, is already a beast. China has some of the biggest airlines in the world. C-Trip International is bigger than Expedia by market cap. Car companies? Of the 32 auto and truck manufacturers on this year's Forbes Global 2000 list, eight are Chinese. That puts them on par with Japan and clobbers the U.S. at just three.

As time goes on, China will have even more.

Of the top 10 global companies ranked by Forbes, China and the U.S. are split down the middle at five each. All of the top companies are banks, led by the Industrial and Commercial Bank of China (the biggest public company in the world) and China Construction Bank (the second biggest public company in the world). The U.S. is also bank heavy, except for Apple, which comes in at No. 9 on the Global 2000 list.

Overall, China/Hong Kong account for 291 of world's 2,000 largest companies, up from 262 in 2017. Back in 2003, China and Hong Kong had a combined 43 companies on the list. China alone has 232 companies this year.

The country's banking sector hit around $35 trillion in loans this year, accounting for more than three times the size of China's GDP in dollars. China overtook Europe's banking assets of $31 trillion two years ago. Last year, China opened its banking sector to foreigners. UBS was the first to apply for a majority stake in a company which, ironically, already bares its name.

U.S. automakers will soon no longer need to partner with local Chinese manufacturers either, which could provide a boost to GM and Ford. Tesla can position itself to be the rich man's BYD, the Chinese electric car and bus manufacturer that Warren Buffett owns a stake in.

Chinese car lovers have a thing for the Buick Excelle, a luxury sedan made in partnership with SAIC Motor Company. SAIC was the 108th largest company on the Forbes Global 2000 list last year. This year it sits at #80. Hong Kong-headquartered Geely was ranked the 1,030th largest company last year. It's up nearly 40% to #683. Guangzhou Automotive was #842. It's now #691. Sadly for Buffett's favorite electric vehicle company, BYD has slipped from the 599th largest company in the world to #694.

Warren Buffett has a stake in BYD, the Chinese electric car maker. BYD has slipped in Forbes' rankings of the world's largest companies. (Photo by PETER PARKS/AFP/Getty Images)

See: The 2018 Forbes Global 2000 List

Of the top 100 companies in the world, China and Hong Kong have 21 of them. The U.S. has 30. The difference between the two countries in terms of its corporate titans is quite stark, however. As expected, China is big because its banks are big—at least within the top 100. By comparison, the U.S. top companies are much more diverse. Banks lead the top 10, down the list includes the tech companies and energy companies and media and telecom firms. China is bank-heavy.

Anyone concerned about China's over-reliance on lending growth needs to look no further than the Global 2000 list. It serves as a testament to China's credit-fueled growth story over the last decade.

Guangzhou Rural Commercial Bank is a newcomer to the list, ranked at#1,092. Zhongyuan Bank is another newbie, ranked now at #1,268.

But further down the list, one can see the "new China" emerging in the mix. HNA Technology, a tech holding company that owns electronics distributor Ingram Micro out of Irvine, Calif., and 360 Security Technology are a Global 2000 company today.

"Is China living up to its promise? Yes, and more," says Mike Reynal, a portfolio manager for Sophus Capital in Des Moines. "I think China is growing more than is being reported these days," he says, thinking 6.5% may be a tad too low. "There's growth not just in the big cities, but you're seeing it in second and third-tier cities now and in services. Consumer discretionary spending is exploding," he says.

The Global 2000 relies on data from FactSet Research Systems to screen for the biggest companies in four metric: sales, profits, assets and market value. Each of the 2000 lists has a minimum cutoff value in order for a company to qualify: sales $4.47 billion, profits of $333.3 million, assets of $10.72 billion and market value of $6.55 billion. A company needs to qualify for at least one of the lists in order to be eligible for the final Global 2000 ranking.

相关帖子

欢迎来到这里!

我们正在构建一个小众社区,大家在这里相互信任,以平等 • 自由 • 奔放的价值观进行分享交流。最终,希望大家能够找到与自己志同道合的伙伴,共同成长。

注册 关于
请输入回帖内容 ...

推荐标签 标签

  • BookxNote

    BookxNote 是一款全新的电子书学习工具,助力您的学习与思考,让您的大脑更高效的记忆。

    笔记整理交给我,一心只读圣贤书。

    1 引用 • 1 回帖 • 3 关注
  • LaTeX

    LaTeX(音译“拉泰赫”)是一种基于 ΤΕΧ 的排版系统,由美国计算机学家莱斯利·兰伯特(Leslie Lamport)在 20 世纪 80 年代初期开发,利用这种格式,即使使用者没有排版和程序设计的知识也可以充分发挥由 TeX 所提供的强大功能,能在几天,甚至几小时内生成很多具有书籍质量的印刷品。对于生成复杂表格和数学公式,这一点表现得尤为突出。因此它非常适用于生成高印刷质量的科技和数学类文档。

    12 引用 • 59 回帖
  • WebComponents

    Web Components 是 W3C 定义的标准,它给了前端开发者扩展浏览器标签的能力,可以方便地定制可复用组件,更好的进行模块化开发,解放了前端开发者的生产力。

    1 引用 • 14 关注
  • 负能量

    上帝为你关上了一扇门,然后就去睡觉了....努力不一定能成功,但不努力一定很轻松 (° ー °〃)

    89 引用 • 1251 回帖 • 390 关注
  • Gitea

    Gitea 是一个开源社区驱动的轻量级代码托管解决方案,后端采用 Go 编写,采用 MIT 许可证。

    5 引用 • 16 回帖 • 1 关注
  • 小薇

    小薇是一个用 Java 写的 QQ 聊天机器人 Web 服务,可以用于社群互动。

    由于 Smart QQ 从 2019 年 1 月 1 日起停止服务,所以该项目也已经停止维护了!

    35 引用 • 468 回帖 • 759 关注
  • JavaScript

    JavaScript 一种动态类型、弱类型、基于原型的直译式脚本语言,内置支持类型。它的解释器被称为 JavaScript 引擎,为浏览器的一部分,广泛用于客户端的脚本语言,最早是在 HTML 网页上使用,用来给 HTML 网页增加动态功能。

    730 引用 • 1284 回帖
  • 大数据

    大数据(big data)是指无法在一定时间范围内用常规软件工具进行捕捉、管理和处理的数据集合,是需要新处理模式才能具有更强的决策力、洞察发现力和流程优化能力的海量、高增长率和多样化的信息资产。

    89 引用 • 113 回帖 • 2 关注
  • 快应用

    快应用 是基于手机硬件平台的新型应用形态;标准是由主流手机厂商组成的快应用联盟联合制定;快应用标准的诞生将在研发接口、能力接入、开发者服务等层面建设标准平台;以平台化的生态模式对个人开发者和企业开发者全品类开放。

    15 引用 • 127 回帖 • 1 关注
  • 心情

    心是产生任何想法的源泉,心本体会陷入到对自己本体不能理解的状态中,因为心能产生任何想法,不能分出对错,不能分出自己。

    59 引用 • 369 回帖 • 1 关注
  • OpenShift

    红帽提供的 PaaS 云,支持多种编程语言,为开发人员提供了更为灵活的框架、存储选择。

    14 引用 • 20 回帖 • 668 关注
  • 工具

    子曰:“工欲善其事,必先利其器。”

    301 引用 • 768 回帖
  • Ant-Design

    Ant Design 是服务于企业级产品的设计体系,基于确定和自然的设计价值观上的模块化解决方案,让设计者和开发者专注于更好的用户体验。

    17 引用 • 23 回帖 • 13 关注
  • CodeMirror
    2 引用 • 17 回帖 • 176 关注
  • 星云链

    星云链是一个开源公链,业内简单的将其称为区块链上的谷歌。其实它不仅仅是区块链搜索引擎,一个公链的所有功能,它基本都有,比如你可以用它来开发部署你的去中心化的 APP,你可以在上面编写智能合约,发送交易等等。3 分钟快速接入星云链 (NAS) 测试网

    3 引用 • 16 回帖 • 1 关注
  • 互联网

    互联网(Internet),又称网际网络,或音译因特网、英特网。互联网始于 1969 年美国的阿帕网,是网络与网络之间所串连成的庞大网络,这些网络以一组通用的协议相连,形成逻辑上的单一巨大国际网络。

    98 引用 • 367 回帖
  • Facebook

    Facebook 是一个联系朋友的社交工具。大家可以通过它和朋友、同事、同学以及周围的人保持互动交流,分享无限上传的图片,发布链接和视频,更可以增进对朋友的了解。

    4 引用 • 15 回帖 • 442 关注
  • React

    React 是 Facebook 开源的一个用于构建 UI 的 JavaScript 库。

    192 引用 • 291 回帖 • 371 关注
  • uTools

    uTools 是一个极简、插件化、跨平台的现代桌面软件。通过自由选配丰富的插件,打造你得心应手的工具集合。

    7 引用 • 28 回帖 • 2 关注
  • wolai

    我来 wolai:不仅仅是未来的云端笔记!

    2 引用 • 14 回帖 • 3 关注
  • SMTP

    SMTP(Simple Mail Transfer Protocol)即简单邮件传输协议,它是一组用于由源地址到目的地址传送邮件的规则,由它来控制信件的中转方式。SMTP 协议属于 TCP/IP 协议簇,它帮助每台计算机在发送或中转信件时找到下一个目的地。

    4 引用 • 18 回帖 • 643 关注
  • Angular

    AngularAngularJS 的新版本。

    26 引用 • 66 回帖 • 562 关注
  • PWL

    组织简介

    用爱发电 (Programming With Love) 是一个以开源精神为核心的民间开源爱好者技术组织,“用爱发电”象征开源与贡献精神,加入组织,代表你将遵守组织的“个人开源爱好者”的各项条款。申请加入:用爱发电组织邀请帖
    用爱发电组织官网:https://programmingwithlove.stackoverflow.wiki/

    用爱发电组织的核心驱动力:

    • 遵守开源守则,体现开源&贡献精神:以分享为目的,拒绝非法牟利。
    • 自我保护:使用适当的 License 保护自己的原创作品。
    • 尊重他人:不以各种理由、各种漏洞进行未经允许的抄袭、散播、洩露;以礼相待,尊重所有对社区做出贡献的开发者;通过他人的分享习得知识,要留下足迹,表示感谢。
    • 热爱编程、热爱学习:加入组织,热爱编程是首当其要的。我们欢迎热爱讨论、分享、提问的朋友,也同样欢迎默默成就的朋友。
    • 倾听:正确并恳切对待、处理问题与建议,及时修复开源项目的 Bug ,及时与反馈者沟通。不抬杠、不无视、不辱骂。
    • 平视:不诋毁、轻视、嘲讽其他开发者,主动提出建议、施以帮助,以和谐为本。只要他人肯努力,你也可能会被昔日小看的人所超越,所以请保持谦虚。
    • 乐观且活跃:你的努力决定了你的高度。不要放弃,多年后回头俯瞰,才会发现自己已经成就往日所仰望的水平。积极地将项目开源,帮助他人学习、改进,自己也会获得相应的提升、成就与成就感。
    1 引用 • 487 回帖 • 3 关注
  • 代码片段

    代码片段分为 CSS 与 JS 两种代码,添加在 [设置 - 外观 - 代码片段] 中,这些代码会在思源笔记加载时自动执行,用于改善笔记的样式或功能。

    用户在该标签下分享代码片段时需在帖子标题前添加 [css] [js] 用于区分代码片段类型。

    225 引用 • 1593 回帖 • 1 关注
  • Postman

    Postman 是一款简单好用的 HTTP API 调试工具。

    4 引用 • 3 回帖 • 3 关注
  • 自由行
    1 关注
  • 爬虫

    网络爬虫(Spider、Crawler),是一种按照一定的规则,自动地抓取万维网信息的程序。

    106 引用 • 275 回帖 • 2 关注