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222. China Telecommunications
Rank: 222 (Previous rank: 204)
CEO: Wang Xiaochu
Employees: 493,919
Address: 31 Financial St.
Beijing  100140
Country: China
Website: www.chinatelecom.com.cn

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Is China Telecommunications a great company, or what?
  $ millions % change from 2009
Revenues 38,469.3 8.2
Profits 443.5 -23.7
Assets 98,280.7 --
Stockholders' equity 52,913.8 --
Profits as % of  
Revenues 1
Assets 0.5
From the July 25, 2011 issue
Government owned 50% or more.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Top 3

Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
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Company 2010 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,674,541
State Grid 1,564,000
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Company 2010 Profits
($ millions)
Nestlé $32,843
Gazprom $31,895
Exxon Mobil $30,460
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FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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