
Richard John Seymour
Summary.
There’s no question that China is on the rise. In 2018, Fortune’s Global 500 ranking included 111 firms headquartered in China—just a handful fewer than the United States’ 126. In 1995, only three Chinese firms made the list; in 2018, three were in the top 10. No wonder some observers predict that China will soon overtake the U.S. as the home to the highest number of Fortune 500 firms.