China's TRILLION-DOLLAR Company
- added November 5, 2007
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- dmfoster
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Chinese oil firm PetroChina has trumped US rival Exxon Mobil to become the world's biggest firm by market value on its first day of trading in Shanghai. With a market value of $966.05bn, it's almost twice the $488bn value of oil producer Exxon Mobil.
But some analysts said the PetroChina's Shanghai share price stemmed from speculation and was too high. It's still big, though.
But some analysts said the PetroChina's Shanghai share price stemmed from speculation and was too high. It's still big, though.
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If PetroChina were a countrythey'd be somewhere between Russia and Brazil in GDP, and in about 11th place overall.
Nuts. -
they got that big on leadfree gasoline--no that got that big taking that lead putting it toys and selling them to all the crazy,noncaring Amreica parents
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They are the biggest corporate criminals on Earth. They have polluted their country with industrial waste, have no respect for human rights, and most likely are the rudest people on this planet. They have flooded Africa with counterfeit goods, supported African dictators in their attempts to "launder" stolen funds. Then they also eat "puppies", now who can trust someone that eats puppies?
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Wow I don't even understand that amount of money. There's truely so much money in this world and doesn't the statistic go like 90 percent of the worlds wealth is controled by 10 percent of the population. Thats not right.
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