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•78% Informative
The Trustee Chair in Chinese Business and Economics has followed China 's ascent to the top ranks of Fortune ’s list since 2020 , when Chinese firms first overtook their American counterparts.
By 2022 , Chinese firms were exponentially increasing their lead with 136 firms to the United States ’ 124 .
This trend has reversed for the 2024 rankings.
China is only major country to maintain a downward trajectory in profit margin performance.
At 1.9% ROA, Chinese firms, taken together, have failed to improve the efficiency with which they profit off their assets since 2020 .
The United States has been at the top of the Global 500’s ROA leaderboards since 2020 and improved from 4.9 to 6.2% in that time.
Beijing hosts the most companies represented and dominates the total share of assets.
Fifty companies out of the 128 Chinese Fortune Global 500 firms are based in the Chinese capital ( 39% ) of which forty-four are SOEs.
SAIC 's declining rank is mirrored by the company’s struggling ROA and profit margin—both of which are at their lowest levels since 2020 .
VR Score
89
Informative language
96
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55
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English
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Attention-grabbing headline
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