Not related, but how the hell does this video have only a few hundred views when the channel has over 13 million followers?
It almost seems like the Chinese are beating the West at literally everything.
It almost doesn’t even make sense how the West believes it has any chance at all in competing with China in the long term.
I guess it would make sense, if you knew that, that you would be trying to start a war or otherwise collapse the Chinese system in the short term, huh?
Walmart is the world’s largest company by revenue for the ninth consecutive year, and for the 17th time since Fortune magazine began ranking companies by size in 1995.
Fortune on Wednesday released its annual Fortune Global 500 list, a ranking of the largest and most profitable corporations worldwide. Saudi Aramco, the sixth-largest company in the world by revenue, is now the globe’s most profitable company, with $105 billion in earnings, according to Fortune.
In 2021, businesses of all sizes faced an uphill climb overcoming financial setbacks triggered by the COVID-19 pandemic. This year, they face new challenges, including inflation, looming fears of a recession and Russia’s war in Ukraine.
“A rebound from the worst depths of the pandemic created a huge tailwind for the world’s largest companies by revenue,” Fortune list editor Scott DeCarlo said in a statement. “Aggregate sales and profits hit record levels in fiscal year 2021 for the Fortune Global 500.”
Fortune editor-in-chief Alyson Shontell also warned of the challenges ahead for businesses as the economy slows.
“For businesses of every size, the real test will be who can survive and thrive in tough conditions like these, especially if — or when — a recession of unknown length and depth settles in,” she said.
Walmart, the nation’s largest retailer, saw its shares slide last month after the company told investors to expect lower profits for the rest of 2022 as high inflation limits consumers’ ability to spend on discretionary items, like furniture and electronics.
China flexes corporate musclesChina, including Hong Kong, had 136 companies on Fortune’s largest companies list — the most of any nation. The U.S. ranked second, with 124, while Japan was third with 47. And for the first time in the history of the rankings, the aggregate revenue of listed companies based in Chinese-speaking countries surpassed that of U.S. companies on the list.
The total combined revenues of Fortune 500 companies rose 19% over last year to $37.8 trillion — the equivalent of more than one-third of global GDP. Cumulative profits were up 88% over last year, reaching a record $3.1 trillion. The listed companies have a total of nearly 70 million employees around the world.
It’s sad, really.
I think we could have a cooperative spirit of free and fair competition with China (if competition is free and fair, it has to be cooperative – if it’s not cooperative, people cheat, so the competition is no longer free and fair), and it would make both whites and Chinese better, and just generally better for the people of earth.
The US is obsessed with crushing both its own population and its enemies – they just want to crush everyone – so you get this thing we have going on now. The US government has done so much to destroy its own population that there isn’t any more time left. They have to break China or they are going to lose. They don’t any longer have a population they could use in competition – everyone is fat, drug-addled, and/or nonwhite.