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What's the meaning of CNPC top the 500 list of FT [Copy link] 中文

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Post time 2010-5-31 14:14:53 |Display all floors
The China National Petroleum Corporation(CNPC), China's largest oil and gas producer and supplier, has climed to the top of the latest top 500 companies released by Financial Times.

On  the top 10 list,  the CNPC is followed by other 2 chinese companies, the 4th Industrial and Commercial Bank of China and the 10th China Mobile.  

The Australian BHP Billiton, a global resources company, rise by 13 to the 6th on the list.

The other 6 companies on the top 10 list are all from US.

This is the first time that Chinese company climbs to the top one on the list released by the FT.

The rising of Chinese companies ranking is accompanied with China's rising economically and politically

That means China has really becomes a key role in the world stage. No one can underestimate china's potential to be the No.1 in future.
Of course, there are many uncertainties faced by China.
China need be confidently and prudentially deal with all the issues it is facing..

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Post time 2010-5-31 14:20:09 |Display all floors

Reply #1 tamson's post

What's the technological capability of CNPC?

hmmmm


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Post time 2010-5-31 14:41:26 |Display all floors

Reply #3 Kbay's post

No big thing, mr. Kbay!

it's just a credit squeeze routine in Europe, USA that create the anomaly!
nothing to TRUMPET about!

Wa ha ha ha


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Post time 2010-5-31 15:02:32 |Display all floors

Reply #5 Kbay's post

You mean banks!

Then CAN YOU PLEASE look at the P/E ration, asset value!
With only 4 BIG GIANT BANKs, in the world's second largest economy, of course!

but CNPC has only one third to half the revenue of other major industrial company!
just rating company setting up games to increase value of other industries, or downgrading CNPC!

Nothing great to trumpet about!


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Post time 2010-5-31 15:33:52 |Display all floors
Originally posted by greendragon at 2010-5-31 14:20
What's the technological capability of CNPC?

hmmmm


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CNPC HAS NOTHING WITH edge to compete with foreign counterparts. but it get the support of China which holds more than $2 trillion foreign currency. CNPC also has the huge market of China

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Post time 2010-5-31 15:35:19 |Display all floors
Originally posted by greendragon at 2010-5-31 15:02
You mean banks!

Then CAN YOU PLEASE look at the P/E ration, asset value!
With only 4 BIG GIANT BANKs, in the world's second largest economy, of course!

but CNPC has only one third to half th ...

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Post time 2010-5-31 15:48:58 |Display all floors

Reply #7 tamson's post

Why don't CHINA start MORE INSTITUTEs with projects from such large companies and give us some TECHNOLOGICAL BREAKTHROUGH to trumpet around!!!!

DATA centres from the BIG 4 BANKs!
DESIGN CENTREs for cars in Singapore, Hong Kong, Shanghai, Milan, Paris, London from the BIG 4 automobile companies!
Technical problems for new set up in Universities districts in Panye, Wuhan, Shanghai, Beijing, Singapore to solve!
Culiniary institutes so that we can have more FAMILY RESTAURANTs in Hong Kong, Guangzhou, Shanghai Taipei, Sichuan, Malaya! ha ha ha
New PLA institutes! How about a J-XX in Foshan, New Marine force Institute in Foshan with REAL problems to work on!

That'll make China more competitive!
Don't be stingy if China wants to WIN MORE FRIENDS and Influence more people!

Cheerios!


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