Posted on 07/14/2012 1:59:15 AM PDT by Olog-hai
China now boasts 73 of the biggest global companies – stealing the number two spot on the Fortune 500 list from Japan.
China has landed 73 companies on the list, Japan has 68 and the U.S. has 132.
Although the U.S. has a clear margin, China added 12 companies to the list since last year while the amount of U.S. companies has dropped by 14.
In the last decade, the amount of U.S. companies on the list has fallen from 197 to 132. Conversely, China only had 11 companies on the list in 2002 compared to today’s 73. …
(Excerpt) Read more at dailymail.co.uk ...
SIXTY FIVE U.S. companies drop out of Fortune 500 drop in a decade...as China soars up to second spot on this year's list
Well, we all know transferring our manufacturing, technology, and patents and top secrets to China had nothing to do with it. /s
I wonder what the FREE TRAITORS think did account for it.
China up, U. S. down... who could have seen this coming?
All in a plan right out of the gate
its happen when you don’t grow
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.